Replies to post #761234 on Fannie Mae-No Politics (FNMA)

[bradford86]

They bought liq pref. Committed fraud to buy it. But they bought it

[FOFreddie]

And - they started to plan the taking (Nationalization) for no compensation as early as March 2008 - its all in the Financial Crisis Inquiry Commission public records:

https://fcic-static.law.stanford.edu/cdn_media/fcic-testimony/2007-2008_Fannie_Mae_Timeline_and_Supporting_Documents.pdf

[FOFreddie]

Check out the Commissioners for the Financial Crisis Inquiry Commission Commissioners. Keith Hennesey was the Chair of the NEC at the time of the Barrons "For Your Eyes Only " Memo regarding the benefits of Nationalization of the GSEs in March of 2008 and at the time of the imposition of the Conservatorship of the GSEs in September 2008. Keith Hennessey at the NEC and Hank Paulson at UST in the GWB Admin were in charge during all of 2008.

http://fcic.law.stanford.edu/about