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rjanderson383

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rjanderson383

Re: 955 post# 28962

Saturday, 05/11/2013 6:21:17 PM

Saturday, May 11, 2013 6:21:17 PM

Post# of 798332
http://www.treasury.gov/about/organizational-structure/offices/Documents/SallieMaePrivatizationReport.pdf


GSEs differ from
both Federal agencies and private companies in that although they are created by Federalstatute generally to fill some unmet need in the credit market

and although they are
instruments of Federal policy, they are owned and managed by the private sector. As
such, SLMA’s board and management had a fiduciary duty to shareholders.
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