Fannie Mae-No Politics (FNMA)

[jog49]

"Very few people on the Hill seem to understand exactly how Fannie Mae and Freddie Mac work. The GSE'S still need about another $100B in Capital to get to a 2.5% Capital Ratio, which could take another 5-10 years."

Yet, if the money absconded from Fannie and Freddie (illegally, I might add) was returned, both would be INSTANTLY capitalized beyond so-called requirements.
It hasn't happened because the U.S. Government is a criminal enterprise. There's no other assumption to be made.