Replies to post #717945 on Fannie Mae-No Politics (FNMA)

[tutt1126]

Under nationalization!!!
Gses asset and liability Remain on GSE
balance sheet if
Treasury control is
<80%. If Treasury
interest is ≥80%,
would be
consolidated onto
government’s
balance sheet.

[tutt1126]

Gses assets and liabilities Remain on GSE
balance sheet if
Treasury control is
<80%. If Treasury
interest is ≥80%,
would be
consolidated onto
government’s
balance sheet.

[M I A]

Read in the unsealed report, the part we were allowed to read, was how much better of a deal banks got for gov funding. And even AIG.

Banks had 5% for first five years then 9% after.

Institutions were allowed to buy back warrants.

AIG had their interest cut from 10 to 5% to help them.
Swapped cumulative prefs. to non-cumulative.

All to help these institutions pay back the money. And the gov exited the picture.

Nothing like FnF. Not even close.

I'm pretty sure on those details, but feel free to correct a mistake if I read the report wrong.

Thanks.
Happy Easter to you as well. And to others as well.
Or Passover to anyone who celebrates.

[stockanalyze]

all of this is cool. we all know of fraud and this is injustice. even scotus failed us. where do you see ray of hope? i have given up.