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CatBirdSeat

09/29/12 9:26 AM

#363 RE: camaro4me #362

In the 2009 paper 4 options were listed,

- Return Fannie Mae and Freddie Mac to their stockholders with little or no change to their congressional charters;

- Eliminate their GSE status and convert Fannie Mae and Freddie Mac into private corporations;

- Eliminate their GSE status and convert Fannie Mae and Freddie Mac into a government agency; or

- Make supplementary changes to support the secondary mortgage market such as providing government reinsurance of MBS or encouraging the use of covered bonds.

Points 2 and 4 is essentially the Millstein plan.
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CatBirdSeat

09/29/12 8:55 PM

#373 RE: camaro4me #362

I think it is also what Romney is talking about. Obama probably has the same thing in mind too, he's just trying to ignore the topic until after the election, I guess.