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GSE Meltdown Chronology Who Knew & When

Discussion in 'Fannie Mae, Freddie Mac, USPAP' started by Mike Kennedy, Jan 12, 2009.

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  1. Mike Kennedy

    Mike Kennedy Elite Member

    95
    Sep 28, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    New York
  2. Chris Harrison

    Chris Harrison Senior Member

    0
    Jan 15, 2002
    Professional Status:
    Certified Residential Appraiser
    State:
    Utah
    Bull...... !
    Half the story produced for political gain prior to the election. :new_smile-l:

    If you really want to know what happened, check out default credit swaps (AIG) and how they were deregulated. Or the non deposit banking of Wall Street.

    Fannie & Freddie had there issues but are comparatively minor when looking at the complete financial melt down caused by greed and the fox looking after the hen house.

    :new_all_coholic:
     
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