Replies to post #404630 on Fannie Mae-No Politics (FNMA)

[RCChristian]

" Review the process for the Financial Stability Oversight Council to designate non-bank financial institutions like insurance companies as "systemically important" to the financial system. Those companies are then subject to additional oversight by the Federal Reserve"

Here we go!! From usa today just now. GSE related.

[Donotunderstand]

I would think one could bring back Glass Steagall on some schedule that would not be that disruptive

We have seen MET LIFE shed a ton of business and likewise a ton of huge financial companies

If the Balance Sheets are accurate (a big if) - then spin off corporations for non banking or for investment should not be very disruptive if enough time is allowed for phase in and the ability of the equity markets to raise capital etc.

? all IMO