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Replies to post #169947 on Fannie Mae-No Politics (FNMA)
tetondon
01/16/14 1:10 PM
#169952 RE: otherPM #169947
The thing is though, the Gov. is not greedy for money (they can print as much as they want). The governments interest is in HOW the money is made and WHO gets paid. The governments greed is for POWER, the ability to dictate situation and outcome. As far as the government is concerned a "win" with fannie is simply the ability to say they made the right decision concerning fannie. They always have and always will control fannie… their stock ownership is irrelevant, they will give that up in a minute. It ain't about the money, it's about the power