I believe they are government sponsored enterprise, meaning that it is a privatized spinoff of a government agency (like FreddieMac, SallieMae). Until 1996 they were under direct government control as a office of the Department of the Army.
Quote:
My understanding of the history is that they are no longer government sponsored. They were govt sponsored while they were the DCM, but liberal gvt tried to shut down the program by pulling out government funding. The program reemerged as a totally self supporting organization called the CMP in 1996. All CMP money is generated through sales and donations.
|