Fannie Mae-No Politics (FNMA)

[Potty]

I have invested in a number of bankruptcies where I did very well (Conseco, GGP, GM) BUT you have to be aware the court process can be very, very long. And that a common tactic is to try to starve the other side out of resources simply using stalling. So it is not a good idea to go beyond one's means or to use any expensive short terms options IMHO. I do hope Bradford can hold out for a year or more, since it can easily go that long from here. Consider the time it too to win in the savings and loan cases. Fingers crossed for him...