I know everyone is awaiting our post-election update, and that will be up shortly. I am awaiting confirmation on a few things.I promised Rocco I would get this up first. In an article in the American Banker, today http://www.americanbanker.com/bankthink/fannie-and-freddie-two-where-one-will-do-1071040-1.html Stephen Blumenthal actually endorsed John Carney’s (WSJ) bizarre idea to merge Fannie and Freddie. I thought it would be helpful to share a few old emails of Stephens from when he was the head of the OFHEO. He was relentlessly pursuing the false accounting scandals at this time. Objectivity?:

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Stephen Blumenthal hated Fannie and Freddie then as he does now. Don’t believe his lies.This is just the beginning, we are preparing a feature post on Stephen entitled “Perjury”. Stephen and his Republican allies hatred for us knows no bounds. They will go to any length to destroy Fannie and Freddie and the mandates that come with them. It appears the WSJ is feeling rather threatened by us. I commend them on locating one of our servers. We actually have been investigating them as well, may the best man win. Keep The faith!