Another Big Lie

by Tim Pagliara

Overview

In his book, Another Big Lie, author Tim Pagliara details the decade-long fight over the government's role in regulating a safe and sound mortgage market. At the heart of the story is the contrarian bet investors made to buy Fannie Mae and Freddie Mac—government sponsored entities, GSEs—securities in the heat of the mortgage crisis in late 2008. This is the story of how a select group of GSE investors exposed the government's theft of billions of dollars from the American dream of homeownership.

Madison opined in the Federalist papers that "If Men were Angels" we wouldn't need government. And yet, in Another Big Lie, Pagliara examines what happens when all three branches of government—executive, legislative, and judicial—fail, exposing the truth about the housing market, a corrupt legislative process in the Senate, and the various attempts that tried and failed to blame the financial crisis on the GSEs.

Product Details

BN ID:	2940162823858
Publisher:	ForbesBooks
Publication date:	12/04/2020
Sold by:	Barnes & Noble
Format:	eBook
File size:	915 KB

About the Author

TIM PAGLIARA is the founder, chairman, and chief investment officer of CapWealth, an independent, SEC-registered investment advisory firm based near Nashville, Tennessee. For more than a decade now, Tim has been fighting for the rights of Fannie Mae and Freddie Mac shareholders after the US Treasury Department placed the government-sponsored entities into conservatorship, sweeping their profits right out of investors’ hands and into the pockets of the government. In 2014, Tim founded Investors Unite, the organization representing investors and seeking full restitution of the dividends seized. Tim wants to expose the story the government doesn’t want told—the story of how the government stole billions of dollars from the American dream of homeownership, and got caught.