To the banks all except the bonus’s and expenses those criminals at fannie/freddie get the rest goes to the banks they unload all those crap mortgages on fannie/freddie public entities and when the people default we the taxpayers pick up the tab. That tab by the way was $6.3 trillion already last February when obama left it out of the budget it has surely grown by now. We could quite literally be on the hook for trillions!
http://www.zerohedge.com/article/revised-fhfa-forecast-taxpayers-fund-363-billion-gse-losses-2013
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aqifb.wX_npo
And fannie/freddie they are also involved in the foreclosure fraud mess
http://www.propublica.org/blog/item/whos-who-in-the-foreclosure-scandal-a-primer-on-the-players
I’m just wondering how all that money might be affecting the midterm elections.