Fannie Mae-No Politics (FNMA)

[FOFreddie]

Thanks Vancmike - the record needs to be set straight especially now. The House GOP needs to know that the UST and NEC of the GWB Admin worked together to Nationalize the GSEs and used the evolving financial crisis arguably created by the GWB Admin to pass HERA and put the GSEs in Conservatorship. The plan was set six months before Sept 2008 and two months before the GSEs raised billions from unsuspecting public investors in newly issued JPS

March 8 2008 Memo from NEC to UST:

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