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Monday, March 15, 2021 9:13:49 PM
Lowlife dog paulson quote "the primary focus was supporting Fannie and Freddie “in their current form as they carry out their important mission. The reference to keeping Fannie and Freddie in their current form was a signal the government was not on the verge of nationalizing them, and that it wanted to see them survive as congressional chartered but privately held companies, a source familiar with the administration’s thinking said. .” then later this lowlife dog confiscated F&F assets. See What I said don't trust the mafia crook gov and see what they do.
Another quote from crook mafia gov "James Lockhart, director of the Office of Federal Housing Enterprise Oversight, which regulates Fannie and Freddie, welcomed the bill as a way to shore up confidence.
“This bill should help restore confidence in the housing markets by creating ... a new, stronger regulator with all the necessary tools to oversee Fannie Mae, Freddie Mac and the Federal Home Loan Banks,” he said in a statement.
A former Fed policy-maker said on Friday that it was crucial that the government bolster Fannie and Freddie and their huge assets.
“It would produce a worldwide financial crisis of unspeakable magnitude if they were allowed to default,” said former St. Louis Federal Reserve president William Poole. Really??? remember Bazooka????
Fannie shares closed at $10.25, down some 22 percent, but well above the session low of $6.68. Freddie closed at $7.75, down 3.1 percent, after touching a low of $3.89 earlier in the session. Both have lost close to 90 percent of their value since August.
https://www.reuters.com/article/uk-fanniemae-freddiemac/fannie-and-freddie-say-finances-sound-idUKL115885420080712
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