Fannie Mae-No Politics (FNMA)

[Wise Man]

BOMBSHELL! SHEILA BAIR TOOK THE DECISION OF THE CONSERVATORSHIP.
A WSJ's article in 2008 explained that "a top banking official" was among those officials involved in the obscure process that ended up in the decision of conservatorship, using a report by Morgan Stanley that claimed that "FnF were in need of $50 billion", that was the based to justify the conservatorship under the provision (G) LOSSES: likely to incur losses that deplete capital. They formed a conclave. What today is the FSOC.

🚨@SheilaBair2013 TOOK THE DECISION OF CONSERVATORSHIP
The thread cited is an excerpt from a 2008 WSJ's article explaining how the decision was made using a $MS's report:"FnF in need of $50b".
"A top banking official" and I can only think of the FDIC chair.#Fanniegate @WhiteHouse https://t.co/PVeTzKTOtY pic.twitter.com/oF2pJdmIIZ

— Conservatives against Trump (@CarlosVignote) November 8, 2020

Also, involving Sheila Bair, it's posted on #Fanniegate today that, as FDIC chair, she sold IndyMac to Mnuchin and Co in an operation that made them millionaires thanks to a loss-sharing deal with the FDIC.

.@SheilaBair2013 WAS FDIC CHAIR WHEN INDYMAC WAS SOLD TO A✡️CONSORTIUM HEADED BY #MNUCHIN/J.PAULSON
The same accounting rule that placed FnF in Consvtrshp, made them millionaires thanks to a loss-sharing deal w/ FDIC(a rebate for each foreclosure w/o loan modification)#Fanniegate https://t.co/fzfM47spxF

— Conservatives against Trump (@CarlosVignote) November 8, 2020

What we are witnessing is a system of retribution among former and current officials and congressional staffers, involving corrupt actions.