Replies to post #318135 on Fannie Mae-No Politics (FNMA)

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That's it. It's not the GSE's that have the high problematic risk, it's the reckless banks with their excessive greed. If the bailouts taught us anything, it's the highly disproportionate favoritism Washington continuously displays toward TBTF banks at taxpayers expense.

Jack Lew left out:
Taxpayers, he says, are still on the hook for all the risk assumed by the GSEs, SO CITIBANK, WELLS FARGO, GOLDMAN SACHS, AND JAMIE DIMON'S JPMORGAN CHASE DON'T HAVE TO BE.
- Jacob (Jack) Lew, Treasury Secretary