Replies to post #559016 on Fannie Mae-No Politics (FNMA)

[AuntyMamie]

Don't see Milkin and those responsible for FnF are comparable. Everyone assumed junk bonds were dirty. Whereas everyone expected FnF to be safe investments. Particularly when TSY Sec'y Paulsen said so. These are important differences. Notwithstanding Milkin shud rot in jail.

There's a growing divide between Wall Street and Main Street. During Milkin's reign middle and working class American wealth was expanding. Today its shrinking. Fast. And wallstreet is increasingly blamed and targeted as the primary culprit for its corruption, greed and mendacity.

I reckon they'll be adding more blackcube 'consultants' with their FnF windfall.