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Fannie, Freddie investors buying ‘worthless’ stock, says former regulator

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Mortgage Professional America | 07 Apr 2014, 04:06 AM Agree 0
The big investors who’ve been gobbling up shares of Fannie Mae and Freddie Mac are making “worthless” bets, according to the mortgage finance giants’ former regulator
  • Stephen D | | 07 Apr 2014, 12:26 PM Agree 0
    The shame is that AIG was allowed to escape the government's control after paying back what it borrowed. Fannie and Freddie pay back billions more than they were given and the government claims that it still isn't enough.
  • 2Bsquare | | 07 Apr 2014, 01:24 PM Agree 0
    F&F never filed for bankruptcy, so it could be argued they were illegally seized by the Feds, regardless of the good intentions.

    The question that needs to be asked and answered: The shorts were hitting F&F hard when they were trading in the mid 30's, so who had pockets that deep, and was there a concerted effort to drive F&F stock to 0?
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