Fannie Mae-No Politics (FNMA)

[NobodyFromNowhere]

Only a fool would pay more than 20 cents a share for commons

Back to 2012 prices after Lew plus Weiss tag-team.

As Richard Fisher says, "Now investors actually have to do their own homework and not count on the government to bail them out and put a bid under the market for them."

The former head of Lazard Investment Banking has spoken, and he and the other top investment bankers of the world give commons zero value.

Bill Ackman loses 2% of his portfolio, shrugs it off and moves on to other more important things like what to do with his terrible stake in VRX.