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Tuesday, July 21, 2015 9:56:53 AM
Seems like 2016 is another lose / lose scenario for shareholders.
If Republicans win, which is most likely, Fannie will never go back to the old days.
If Dems win, Hillary will want to distance herself from bad policies of the past that levered up and bankrupted the poor. Especially distance from the evil Fannie and Freddie that paid executives billions while using the Federal Government's credit rating to run a hedge fund.
It is hard to see how these companies ever exit conservatorship with 5% capital and where current shareholders would receive anything.
If anyone has a scenario where shareholder would get anything, please share?
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