• rc__buggy@sh.itjust.works
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    2 days ago

    Taking them back to pre-2008 public holdings. I’m not educated enough to know if this is a good idea.

    FNMA was public for my whole life, since like 1969. FHLMC was public since like 1990 and people then thought it was a bad, bad idea but I guess it worked out OK until the whole crash. In 2008 they were both placed under the control of the Federal Gov’t. That seemed to work out OK for FNMA and FHLMC but I’m not sure how it affected everyone else.

    I really would suggest reading, it’s helpful.