SIR - Imagine Hitler had won the Battle of Britain in 1940, and we were under the Nazi jackboot. Hitler was real; Nazism was real; the Gestapo was real; Auschwitz was real; Belsen was real; the jackboot was real; the V1 and the V2 rocket were real - and it was all just 18 miles from our shores.
Fannie Mae held a veritable monopoly over the secondary mortgage market. In 1968...In order to prevent any further monopolization of the market, a second GSE known as Freddie Mac was created in 1970. Currently, Fannie Mae and Freddie Mac control about 90 percent of the nation's secondary mortgage market. .
eBay was founded by an Iranian computer programmer named Pierre Omidyar. He became an instant billionaire in 1998 when eBay first went public. Omidyar founded eBay in 1995, but it did not go public until September 21, 1998.