Replies to post #294319 on Fannie Mae-No Politics (FNMA)

[955]

FSOC on the prowl for new customers for FHFA?

Thanks, Zeph! It figures that it's Corker (ironic) that asks the question I have had. Would they at any point give the GSE's sifi designation? Sifi designation means they get extra scrutiny by this fairly new committee (FSOC) that Lew is chairman, and Yellen and Watt are also voting members.

[Mikey Mike]

A systemically important financial institution (SIFI) is a bank, insurance company, or other financial institution whose failure might trigger a financial crisis. Currently it's considered $50 billion or more. So to give you a short answer...yes...

[955]

There's your Treasury/PRIVATE Federal Reserve BANK/FHFA connection! Joined at the hip. NWO system shaping up. Recently, Putin publicly stated Russia will have no part of it.

Russia won’t tolerate the post-Cold War global system dominated by a single leader, Putin said Saturday at a meeting with the Federation of Independent Trade Unions in Sochi.

“That type of world order has never been acceptable for Russia,” Putin said. “Maybe someone likes it and wants to live under a pseudo-occupation, but we won’t put up with it.”

http://www.bloomberg.com/news/articles/2015-02-07/putin-rejects-attempts-to-contain-russia-after-peace-talks-fail

Thanks, Zeph! It figures that it's Corker (ironic) that asks the question I have had. Would they at any point give the GSE's sifi designation? Sifi designation means they get extra scrutiny by this fairly new committee (FSOC) that Lew is chairman, and Yellen and Watt are also voting members.