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Tim Geithner Will Tell You Exactly What He Thinks of Fannie and Freddie

“This administration will side with those who want fundamental change. It is not tenable to leave in place the system we have today. We will not support returning Fannie and Freddie to the role they played before conservatorship, where they fought to take market share from private competitors while enjoying the privilege of government support.”

~ The Treasury Secretary has had it up to his coif.