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Issa probing Fannie's big mortgage buy - "backdoor bailout"
The Hill ^ | September 15, 2011 | Peter Schroeder

Posted on 09/15/2011 6:57:18 PM PDT by opentalk

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To: whitedog57
Why? Is this the backdoor bailout? But why would Fannie then sue BofA? Was Fannie that stupid? No. Or was it FHFA that filed the suit?

Probably Fannie is big enough that the left hand (purchasing, influenced by politicized management) doesn't know what the right hand (legal, also politicized) is doing.

21 posted on 09/15/2011 8:19:02 PM PDT by Pearls Before Swine
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To: opentalk

Issa probing Fannie via the back door? Barney Fwank will be jealous.


22 posted on 09/17/2011 12:06:59 PM PDT by ViLaLuz (2 Chronicles 7:14)
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