Replies to post #660289 on Fannie Mae-No Politics (FNMA)

[Patswil]

Charles Gasparino
@CGasparino

https://twitter.com/CGasparino
·
49m
BREAKING: Announcement After Hours I believe
@stevenmnuchin1

@MarkCalabria
will amend PSPA but does not alter shareholder agreement to the benefit of preferreds or commons, I am told $FNMA $FMCC
Charles Gasparino
@CGasparino
·
50m
BREAKING: The background on whatever
@stevenmnuchin1
does w GSEs should be seen through the prism that he was lobbied heavy by both the housing lobby, and bondholders ie
@blackrock

@PIMCO
etc not to do something that screws up $FNMA $FMCC debt sales

[chessmaster315]

Hold your horses! A penny or 2 in the red does not mean much.

Bitcoin is up almost 17 percent to $39,600 which means, again

People dont trust banks. And for good reasons.
And, people dont trust our government, in chaos (again).

Our government and our banks need order and stability. Does this promote "stability" when the government can just decide to rob them?

It wasnt a bailout, it was a stick up.