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  • Comment Detail

  • Date: 06/13/18
    First Name: Glen
    Last Name: Bradford
    Organization: self
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AA95

  • 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.