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Post# of 796787
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FOFreddie

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Re: Lite post# 758229

Thursday, 06/22/2023 10:45:50 AM

Thursday, June 22, 2023 10:45:50 AM

Post# of 796787
Definitely a Travesty - since at least as early as March 2008. See the emails and timeline and docs released from the Financial Crisis Inquiry Commission 5 years after the hearings:

https://fcic-static.law.stanford.edu/cdn_media/fcic-testimony/2007-2008_Fannie_Mae_Timeline_and_Supporting_Documents.pdf

What is bizarre is the "no problemo" comment from the Undersecretary to Dan Mudd while he thought the UST was acting in good faith to raise capital in March 2008.
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