Fannie Mae Preferred S (FNMAS)

[rosen62]

Perhaps you are right about Watt. But his choice of words "I am comfortable with..." was unfortunate.

I still think it is gross negligence to say "I inherited a situation which -apparently- I have to live with". He may have tried a Clinton hand answering some of the questions but with a lot less IQ.

I also think Nick T. did a great job inquiring him. Without being too aggressive he tried his best to point at the inconsistencies in his acts/thoughts. It was obvious both reporters did see conflict/inconsistencies. Or that there are issues.

This week we will read in the media different interpretations. I really think Watt is walking on a tight rope. Although he can continue doing so for another 5 years.