Replies to post #197292 on Fannie Mae (FNMA)

[Donotunderstand]

Great

If it is not clear to all by now

It is the right v the left that is the fight

Warren v REPS

Note the news souce - Huffington - that put together that info and put THAT headline on it

I do hope more DEMS begin to FINALLY understand what private money means -------- the TBTF banks getting bigger because they sold junk to FNMA and FREDDIE as AAA paper - knowingly

(maybe F and F should not have been that fast to buy that paper as assets on its books but the paper was misrepresented -- so badly misrepresented that even a HUGE EXPERIENCED buyer has been able to show in court that it could not know how badly the private money (PLMBS) was corrupted