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Re: Cynic-Al post# 101928

Monday, 08/05/2013 8:56:46 PM

Monday, August 05, 2013 8:56:46 PM

Post# of 797315
"He will also call for Fannie and Freddie's investment portfolios to be wound down by at least 15 percent per year."

and this was from a Wall street journal article that was just put out. http://online.wsj.com/article/SB10001424127887323420604578650472166427406.html

"In the past, the White House has talked of winding down Fannie and Freddie, but in a shift, a set of administration principles released Monday suggested that while the business model of Fannie and Freddie would indeed end, parts of the companies themselves could be part of a "responsible transition" towards some to-be-determined end state."

Looks like he might back privatizing them. Not sure.

Obi, what do you think?