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Post# of 798445
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FOFreddie

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Re: Rodney5 post# 742105

Tuesday, 12/13/2022 3:40:34 PM

Tuesday, December 13, 2022 3:40:34 PM

Post# of 798445
This is 6 months after the National Economic Council sent a Memo to Hank's Undersecretary about the "benefits of nationalization" and leaked the Memo to Barron's on March 8, 2008. Bear Stearns failed the next week and the dominos started to fall leading to the run on GSE MBS spreads

https://fcic-static.law.stanford.edu/cdn_media/fcic-docs/2008-03-08_Treasury_Email_from_Hason_Thomas_to_Robert_Steel_Re_Source_document_for_Barrons_article_on_FNM.pdf
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