Ep 4. IU Member Michael Ciklin on Forensic Analysis of Conservatorship of GSEs

Investors Unite Podcast

Investors Unite member Michael Ciklin, who is a Princeton graduate and holds a joint JD, MBA, MRE from University of Florida, joins Executive Director Tim Pagliara to discuss the findings from a Special Report he and fellow Investors Unite member Adam Spittler published, which is a forensic look at the bailout of Fannie Mae and subsequent conservatorship and Net Worth Sweep of Fannie Mae and Freddie Mac. Ciklin explains some of their findings, including the assertion that Fannie Mae and Freddie Mac were not in need of a bailout, and gives his take on recent developments, including the government’s attempts to withhold documents relating to the Sweep and Dr. Jerome Corsi’s series of stories that call in to question the idea that the Obama Administration used proceeds from the Sweep to circumvent Congressional prohibitions on spending on some elements of the Affordable Care Act.