Fannie Mae (FNMA)

[jog49]

"I think it's pretty clear that the government doesn't want to be found to have nationalized the gses as that would require them to own the gses and a requisite $7T+ added to the federal government balance sheet."

Thus, the 79.9% warrants threshold. Also setting up the GSEs where the principal could never be paid back but interest would accrue into perpetuity. Now someone tell me it wasn't a planned and scandalous activity from the get-go. And most importantly of all, when did JUSTICE disappear from the American landscape?