Replies to post #227561 on Fannie Mae-No Politics (FNMA)

[feisty_tadpole]

Just being Devil's Advocate here ....
Does it matter in a court if there were no negotiations
as long as the board signed on the dotted line.

What if the board is deposed now and they support the
Govt stance?

[harrysmith]

Well, the bailouts that the federal government made many years back, to keep some large financial firms open and to prevent additional fiscal mayhem, may have not been as bad an idea as many believed. One of the biggest bailouts was the AIG bailout, which came to almost $200 billion being lent to the institution by the working class individuals. So far, the government has really made a profit on AIG, about $18 billion worth. All the information and facts you will need is at MatchFinancial.