2011-09-07ml-implode.com

" At this point in time the Government and the FHFA have no right to sue the banking industry on behalf of Fannie Mae and Freddie Mac. That is a joke. When it comes to the financial crisis, Fannie Mae and Freddie Mac were Players (Big Players)--not naïve, innocent victims who were bedazzled by the banks. Not only were the GSE's as bad as the banks leading up to the crisis, in more ways than not, they were ahead of the banks (and the regulators) in finding ways to add to their coffers while ignoring the risk they placed on the people of the United States of America."



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