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Re: Robert from yahoo bd post# 695501

Friday, 09/17/2021 6:48:43 PM

Friday, September 17, 2021 6:48:43 PM

Post# of 790535
"I remember what David Maxwell told me at the annual holiday party one year, "Our biggest risk is political risk".

In my mind, the GSEs screwed up on two fronts that triggered all the BS over the years:

1) They should have NEVER begun lobbying ... either Congress or the sitting administration because it was, invariably, going to piss people off.

2) Should have NEVER trusted the TBTF banks and lenders to do the right and honorable thing.