Excellent work eckgar1 only if the mainstream media would spend as much time researching as what you put together they would understand whats really going on behind the scenes. All they do is put together total garbage lies without the true facts. This is America we want the the true facts and leave fiction out of it.
For the folks who don't know who is Mario Ugoletti.
Mario Ugoletti will be very busy answering questions in court for the foreseeable future.
Ugoletti served as the U.S. Treasury's director of the Office of Financial Institutions Policy and participated in the drawing up of the government's agreement to bail out Fannie and Freddie, while later serving as a special adviser to former acting Federal Housing Finance Agency Director Edward Demarco and helping draw up the subsequent agreement through which nearly all of the government sponsored enterprises' profits are being swept to the government, leaving private investors in the cold. Ugoletti now serves as a special adviser to FHFA Director Mel Watt, who assumed his post in January 01, 2014
Ugoletti's written testimony will raises many questions about the government's decision to take nearly all of the profits of Fannie Mae and Freddie Mac in the form of dividends, a well as the timing of the decision.