Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

The "Superior Minds" or "Mental Giants", Ed Demarco and Timothy Geithner, mistakenly thought that the August 17, 2012, Net Worth Swipe would "Wind down" the GSES and a flood of Private Capital would rush in.

11+ years later, the EXACT OPPOSITE has happened.

Soooo typical when the Gubmint interferes with the Financial Markets.

"Rent Control" is another failed Gubmint overreach experiment that had the opposite results.

Nationalization is a horrible public policy.