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As the article discusses, the government owns virtually every dollar of profit Fannie/Freddie. I don't see how tanking the private shares (worthless in the curr
by bko 1y ago
As the article discusses, the government owns virtually every dollar of profit Fannie/Freddie. I don't see how tanking the private shares (worthless in the current state) would benefit Trump or his cronies. Those shares are already owned by billionaires, I guess new ones can buy them?
- Eddy_Viscosity2 1y agoThose billionaires could buy Trump-Coin, or Trump-Stock, or just dump trucks full of cash on the white house lawn. The mechanisms for bribery are manyfold and consequence free. They don't even bother pretending its anything but anymore.