Replies to post #245340 on Fannie Mae-No Politics (FNMA)

[955]

The majority of the 3.5 billion shares sold, that were not sold by legitimate investors who owned the shares, must logically be a supply of shares counterfeited by the market makers.

The primary market makers in these two GSEs are Goldman Sachs (Fannie Mae) and LaBranche & Co. (Freddie Mac).17 These are the specialists on the NYSE where the GSEs are listed, thus all trades executed on the NYSE in the GSEs must flow through these market makers.

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[4Duxs]

955, I think you are on to something. Maybe this is why the Treasury dies not want the records public. Maybe the dirty dealing will influence all the international traders. Very important concept here.

[Letgoofmyfannie]

Where were the regulators?

President Bush stated in an off record comment that was taped on July 22, 2008:

There is no question about it. Wall Street got drunk. That‘s part of the reason I asked you to turn off your T.V. cameras. It got drunk and now it‘s got a hangover. The question is how long will it sober up and not try to do all these fancy financial instruments.

[stockprofitter]

OMG. FNMA shares have BEEN COUNTERFEITED.

[Strykerd]

These fraudsters piss me off as much as ISIS pisses me off, I would like to put them all in a cage together.

[IL Padrino]

This just keeps getting better and better. Also going to buy me some ford :)

[Mikey Mike]

Let's repeat this line over and over and over and over...

Absent the market makers fraud, it is probable that the GSEs would have survived without taxpayer intervention.