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Leaked Treasury Memo Raises Eyebrows About GSE Rescue

The GSE shareholder group, Investors Unite, said the memo shows that the Treasury Department apparently aimed to conceal its thought process on the fate of Fannie and Freddie.

“Remarkably, Treasury withheld that highly-relevant memo in court cases stemming from shareholders’ claims that Treasury went well beyond HERA in its dramatic move in 2012 to lay claim to the GSEs’ revenues,” the group said.

Read the full article: Leaked Treasury Memo Raises Eyebrows About GSE Rescue