Fannie Mae (FNMA)

[lijianch]

Your post is very much educational and I did learn a lot!

I would still bet because this is a life-time experience and I just want to be part of it. In addition, Hedge funds managers such as Paulson are good friends of Mnuchin and strong supporters to DTA from the campaign. They are heavy loaded on FNMA/FMCC common and preferred. It is hard to image that their securities are wiped out.

Also, a good sign will be the white-paper proposal by MBA and ICSB on the housing reform to make FNMA/FMCC a utility company.

There is many reason to be careful and no reason to assume anything. However, if you take the potential reward into consideration, my choice is clear. lol

Please keep educating me on many things and I appreciate it very very much.