Replies to post #320363 on Fannie Mae-No Politics (FNMA)

[big-yank]

Here is the direct quote from Jacob Lew, Secretary of the U.S. Treasury on the subject of claimed full repayment by the GSEs"

http://seekingalpha.com/news/2837736-gses-down-sharply-as-treasury-squashes-recap-idea

Taking partial comments out of context from Lew's testimony before Rep. Michael Capuano is grossly misleading if it avoids his final comments that clearly state that the sweep is for backstopping the GSEs, not a repayment of any specific bailout amount.