Fannie Mae-No Politics (FNMA)

[big-yank]

John Carney will release another Fannie Mae article soon. Carney's work is thorough, well researched and spot on in unbiased integrity. Noteworthy is that Carney's efforts on enlightening those with interest in Fannie Mae do not pander to the financial opportunism of hedge funds seeking a fast buck at the expense of taxpayers.

Carney's work was recently described as being "like Diogenes" shining a light of the underbelly of greed and unsavory foundations to the full, frontal assault being launched against government for trying to save Fannie and Freddie. Ridiculously, the U.S. found itself getting sued as thanks for their $187 billion investment in saving America's housing industry and the jeopardy for loss of equity among homeowners. Just so some "investor" PIGS can make even more money by "gaming" the court system into some convoluted ruling, supported by the world's most expensive attorneys, to steal even more money from citizens.

JMHO.