Fannie Mae (FNMA)

[KELLYCO]

It's not difficult to ascertain what happened because everything has laws,rules and procedures to follow.And all the evidence is filed in public places.Fannie and Freddie willingly passed along the "illegalities".All they had to do was their job as fiduciaries.But if they did then the bonuses would not have flowed as well.Because the big banks and mortgage brokers were mostly orchestrating fraud and nothing else.Countrywide CEO had a saying that there are no loans that should be denied.Just apppropriately placed.Now how could anything go wrong?Well nothing went wrong for him.The big banks should be held accountable but they are buying their way out of massive fraud even when caught.And the public is losing twofold because it is likely their retirement plan lost money on the scheme and the big banks acting as trustees got the loans for pennies on the dollar from them because they are fraud riddled.And now they are making beleive in court that they are not fraudulant.Oh well,Karma is a mother when he arms himself like Rambo.