Replies to post #635651 on Fannie Mae-No Politics (FNMA)

[Golfbum22]

Sticky please

[HappyAlways]

Totally agree. Even now, I find MC & SM intentionally slow down the progress to RRR. MC does that to prolong his FHFA Directorship. SM simply wait for the court to avoid any responsibility. All are my guess.

[Donotunderstand]

I doubt that is the power of Lamberth

And I have no idea why Congress - under GW - wrote and put in place this law

[ano]

agree :-)

[mrfence]

HERA challenges every aspect of constitution and the Governance based on principles of democracy. Probably China Comrades modeled HERA/FHFA based on Chinese Gov agencies.

Among the many financial leaders I spoke to that day were my old friends Zhou Xiaochuan, the head of the central bank of China, and Wang Qishan, vice premier in charge of China's financial and economic affairs. It was important to relay what was going on to the Chinese, who owned a vast quantity of U.S. securities, including hundreds of billions of dollars of GSE debt. They had trusted our assurances and held on to this paper at a crucial time in a shaky market. Fortunately, I knew both men well, and we had been able to speak frankly to one another throughout the crisis.

"I always said we'd live up to our obligations," I reminded Wang. "We take them seriously."

"You're doing everything you know how to," Wang said, adding that the Chinese would continue to hold their positions. He congratulated me on our moves but struck a cautious note: "I know you think this may end all of your problems, but it may not be over yet." https://abcnews.go.com/amp/GMA/Books/book-excerpt-brink-henry-paulson-jr/story?id=9713451

The Paulson Institute is a non-partisan, independent "think and do tank" dedicated to fostering a US-China relationship that serves to maintain global order in a rapidly evolving world.

http://www.paulsoninstitute.org/