Fannie Mae (FNMA)

[Donotunderstand]

great

a massive fraud

1. F and F were not seized by BO but by Paulson and by Bush

2. BO did allow (and with that POTUS you know the POTUS is part of the decision making for good or bad) the NWS

3. BO did not shut the NWS down. Very disappointing. He could have done it between the election of DJT and the change of the guard but he did not and I am very disappointed

how massive the fraud will turn out is yet TBD

if equity is fully screwed - the fraud and taking is huge

if equity comes out ok (everyone can define) - then it was a delay over extended and abused - but the massive fraud is reversed

BO should have reversed the NWS -- but Congress does take the blame for years of wanting to give the show away to TBTF banks and playing games for political points