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Agency security

From Wikipedia, the free encyclopedia

Agency securities are specific securities that are issued by either Ginnie Mae, Fannie Mae, Freddie Mac or the Federal Home Loan Banks. These securities are backed by mortgage loans, and due to their creation from these particular corporations that are sponsored by the U.S. government, they enjoy credit protection based on either an explicit guarantee from the U.S. Government in the case of Ginnie Mae securities, or an implicit guarantee from the U.S. Government in the case of Fannie Mae and Freddie Mac. Agency securities also used as collateral for the supply of money released by the Federal Reserve. This collateral is chiefly held in the form of U.S. Treasury, federal agency, and government-sponsored enterprise securities.[1]

Due to the expectation of federal backing, these securities historically hold the highest credit rating possible.

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  • The National Security Agency (a.k.a. the NSA)
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Transcription

"The National Security Agency" World War II, 1939 The beginning of worldwide horror An era based on information that different sources could provide to each country to accomplish their plans In the west, Signal Security Agency was created to intercept and decipher the communications of the Axis powers But the surprise attack on Pearl harbor ended the operations of the agency May 20, 1949. The end of World War II Driven by the desire to protect its nation against another surprise attack The United States centralizes the cryptologic advances under the Armed Forces Security Agency Mistrust to coordinate and communicate with the CIA and other civilian agencies Causes the demilitarization of The Armed Forces Agency and the creation of the NSA Fear of nationwide controversy, and the NSA existence was a sealed secret from the general public Secret arrangements were made, and an agreement was reached To share intelligence between the United States and the UK, Later emerging as the 'Five Eyes' The agreement was aimed at cooperation in signals intelligence between The United Kingdom, the United States, Canada, Australia, and New Zealand During the cold war, the NSA provides crucial information in both military and civilian intelligence 1986, the national security agency intercepts the communications of the Libyan government during the aftermath of the Berlin discotheque bombing And the NSA provides irrefutable evidence that Libya was behind the bombing in Berlin September 11, 2001 Four passenger airliners were hijacked by terrorists in a suicide attack on the United States The attacks devastate the entire nation, and the United States launches a war on terror The NSA shift its focus to the war against terror And ignores many privacy mechanisms that protect the citizens of the United States Insufficient electrical infrastructure to support the amount of equipment being installed Causes a major power outages 'USA Today' breaks the story on the existence of a database that contains over 1.9 trillion call-detail records Collected from the largest telephone carriers in the United States Suspicions arise that the NSA is violating the constitution of the nation June 2013. A former NSA contractor leaks classified information Revealing that the NSA is intercepting the communications of over one billion people And tracking the daily locations of thousands of millions With the ability to map people's movements and relationships in detail It also came to light that the NSA has access to all communications made via: Google, Microsoft, Facebook, Yahoo, YouTube, AOL, Skype, Apple and Paltalk With 90% of those placed under surveillance in the U.S. Are ordinary Americans And are not "the intended targets"

References

  1. ^ "Is U.S. currency still backed by gold?" http://www.federalreserve.gov/faqs/currency_12770.htm

External links


This page was last edited on 21 February 2023, at 17:25
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