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Post# of 796129
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MannSinger

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MannSinger

Re: imtheshadow post# 628459

Monday, 08/24/2020 5:22:35 PM

Monday, August 24, 2020 5:22:35 PM

Post# of 796129
GSE was used to clean toxic assets of TBTF under cship

As TBTF was going under because of toxic asset, FMCC was going under next then FNMA was last to go under. The cship of GSE was only option to use them to clean toxic assets from TBTF by doing MBS laundry under GSE banner.

But NWS was completely illegal and unnecessary. NWS was done to fund Ocare and send $150B to Iran.
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