By Sydney Sullivan

This will be one of several posts on the future of Fannie Mae and Freddie Mac. Your thoughts and your owns stories are welcome in the comments section.

Nearly a decade ago, in September 2008, US Treasury Chief Hank Paulson unveiled his historic government takeover of twin mortgage buyers, putting the government in charge of the mortgage giants and the $5 trillion in home loans they back. The plan eliminated the top executives which were out and replaced with Wall Street titans.

The House Oversight and Government Reform Committee held a hearing on the financial collapse of Fannie Mae and Freddie Mac, their takeover by the federal government and their role in the financial crisis. The video below is a 4 hour review of a planned response to the crisis in the housing and mortgage markets at the time of the economic meltdown and crash of 2008.

The…

For those who like what I write but have doubts about what I am saying consider this article that is based upon truth and nothing but the truth.

According to a Rolling Stone article published in 2015 by Matt Taibbi, “one of America’s ugliest secrets is that our own whistleblowers often don’t do so well after the headlines fade and cameras recede. The ones who don’t end up in jail… often…go through years of harassment and financial hardship.”

One of those whistleblowers still fighting to receive justice against unlawful retaliation and financial penalization is Michael Winston. Called by Salon Magazine “The Man Who Knows Too Much…”, he lost nearly everything after trying to tell the truth about Countrywide Financial Corporation (CFC).

See the Biography of Michael Winston