Fannie Mae-No Politics (FNMA)

[10bambam]

I was reading a post earlier that described the conservator's decision to release when conservator decides that the gses are safe and solvent. Well I can already imagine Watt's arguement. The gses have no capital so they are neither safe nor solvent. Yea I know how can they build capital when it is all swiped by the treasury. You can see this circular arguement actually taking place in court. Reminds me of navy's photo that he is not allowed to post any more. I hope intelligent minds and justice prevails.