Fannie Mae-No Politics (FNMA)

[along4zride]

OMG DOWN SHE GOES AGAIN(FNMA) WHAT HAPPENED?

Answer is simple.Major hedge funds realize way too many un fix-

able problems with the GSE's. Everyone makes mistakes and mis-

calculations of what the USG will pull out of their bag of tricks.

PPS has a long way to go back to .30 where it languished for years.

What has really changed ? Answer: Nothing

Reason for PPS correction:

Conservatorship status with no end in sight

Embarrassing delisting from big board

Total profit sweep from USG forever