In 2008 the US economy was brought to its knees by the big banks. Much of the destruction occurred within the housing industry and clearly some of the blame also rests with Freddie Mac and Fannie Mae, two institutions that back mortgages, that did not have the proper oversight needed and spiraled to the point of near extinction. Now there is a movement afloat to restructure or eliminate them all together led by a group of men that have bounced between employment by private companies, including banks and the mortgage industry and working within the government’s HUD offices. Who stands to benefit from all of these machinations? One would hope it would be the taxpayer, but the answer is, big banks.