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A lot of people want to get the government out of Fannie Mae and Freddie Mac, and I'm no expert, but I think they are obviously wrong. You have a systemically i
by perl4ever 6y ago
A lot of people want to get the government out of Fannie Mae and Freddie Mac, and I'm no expert, but I think they are obviously wrong. You have a systemically important entity that has to have a government guarantee, then it has to answer to the government as at least a 51% shareholder and have restrictions on distributing profits. It seems obvious and simple and correct to me, not some sort of temporary aberration.