Replies to post #70484 on Fannie Mae-No Politics (FNMA)

[~ NT ~]

It was the false securities . . They made it look like FnF. Shame

[JohnCM]

"The Big Short" sums it up nicely.

[obiterdictum]

Indeed. The current lawsuit led by Steve Berman may bring the sordid affairs of the banks and mortgage lending institutions to the attention of the public and to the many investors who lost their savings and retirement in 2008 and who have resented the GSEs thinking it was entirely their fault.