Replies to post #698082 on Fannie Mae (FNMA)

[5bagger]

Yellen has not said ONE WORD about FnF

Paulson - put them into c-ship & undoubtedly plan was to 'use them' for backdoor bailouts.
Geithner & Lew - wanted to wind them down
Mnuchin - wanted to get them out, but 4 years of theft was fine.

Yellen has not said one word - good or bad. However, the time to place in bankruptcy has long past. No money flows to UST.

So, what is her move?

A) Do nothing and let FHFA & UST tax for 10 BP g-fee? Waiting for perhaps loss of House and Senate? Loss in courts, which would mean companies freed of some of the shackles?
B) Move towards a Calhoun-style utility to lock in current status of GSEs. Once utility formed and new model exists, there will be no turning back to "wind them down", "place in receivership", or collect the NWS money.

While Mel Watt didn't lie awake wondering about the shareholders, and our Ms. Yellen seems to have forgotten SHs. Maybe just quiet because the plan will be released and she has no intention of tipping the cards.

[Louie_Louie]

She wants to monitor $600 deposits of little guys too, yet she is mum on collecting Bidens 500k tax bill owed. I'm sure they'll handle housing in a clear and fair way. Lmao. Sad