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Date:
06/13/2018
Name:
Glen Bradford
State:
Florida
Organization:
self
Government Agency:
n/a
Rule Number:
Federal Register Citation:
83 FR 33312
CFR:
12 CFR Parts 1206, 1240, and 1750

Comment

What prevents FHFA from cramming accounting fraud down the throats of Fannie Mae and Freddie Mac this time?
Also, in the context of that, how about the accounting fraud is reversed to get to real capital requirements?
Aren't we just trying to retroactively justify the bailout and then aren't we forcing guarantee fees to be raised?
What prevents FHFA and Treasury from forcing a recapitalized Fannie and Freddie's BOD from signing into conservatorship and the net worth sweep being imposed on the first day? Current legal rulings support this as a framework.

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