Fannie Mae-No Politics (FNMA)

[trunkmonk]

well there is good reason, first he puts in Otto, or something like that, he announced for people to get ready for release, and then SM the slippery snake from the garden of eden steps in and stops it. Once MC got in, SM told him what to do and when. Trump did tell the to get GSEs out of conserve, cant remember when is the grand scheme of things, so the result was MC the turn coat. at the beginning of SCOTUS case, SM publically said it didnt look good, so slippery Steve did a whammy just before he got out when he amended the PSPA agreement. The liquidation preference of the senior preferred shares increases by the amount of each draw on the PSPA funding commitment and, after 191b in combined draws and 37b in non-cash increases, the GSEs combined senior preferred liquidation preference would now stands at 228b.

i love this one about what he was doing on taxpayers dime, pumping his investment fund after he got out:

https://www.washingtonpost.com/business/2021/02/23/mnuchin-investment-fund-gulf/

SM also at the end put $455 billion in unspent Cares Act funding into an account that his presumed successor Yellen would have a hard time using since it had to go through congress to spend in that fund.


Mnuchin tied Trumps hands and did everything at the very end. He is one of the world elites where many have failed to take a look at the gold reserves and say "the gold is safe" after he came out. and he took his arm candy to treasury to sniff a pallet of cash to show off.

if there is one person that is part of the shadow government, its Mnuchin, slippery stinkin snake.