Replies to post #440082 on Fannie Mae-No Politics (FNMA)

[HoldenWalker99]

Corker's incentive - pride and $$$.

Mnuchin told him that he'd act administratively to restore GSEs which would make Corker look like an idiot. Knowing this and that wind down/replacement was difficult politically, Corker switched his tune... and likely investing millions in GSE preferred shares while doing so.

Wake up. It's crystal clear.