Replies to post #729049 on Fannie Mae-No Politics (FNMA)

[Achilles deFlandres]

I agree the crisis was to sack the gses. It also was to gain control over other institutions and state governments through force fed TARP funds. Maybe even a vendetta or two, Bear...Lehman. The meaning of TARP is still up in the air. If the elections don't follow the polls TARP will mean Total Anihilation of the Republican Party. It seems that is what has happened over the last 14yrs.

[955]

Why didn’t any Wall Street CEO go to jail after the financial crisis? It’s a question we were frequently asked throughout our reporting of the 10-year anniversary of the financial crisis. The financial crisis of 2008 altered so many lives: Millions of people lost their homes, their jobs and their savings. It set off a recession that collectively destroyed over $30 trillion of the world’s wealth. And though the crisis grew out of big banks’ handling of mortgage-backed securities, no Wall Street executive went to jail for it. So what happened?

https://features.marketplace.org/why-no-ceo-went-jail-after-financial-crisis/

I sure hope this gets brought up in the jury trial. Previous post as well. Past time to expose these RATS.