Fannie Mae-No Politics (FNMA)

[big-yank]

As a follow up, I ran across brandemarcus on another message board and asked him to repost his analysis on Fannie Mae breakup value based on liquidation preference. I don't know if he saved his data, but be on the look out for a post from him, here. His analysis was really thorough and well researched... something you might expect from a well-heeled accountant like him. I hope he will add his data to the mix for discussion.

I think the overall discussion is important because receivership is very much a possibility with both GSEs under several scenarios. Each month that goes by with no reform measure passed, with no judicial decision changing anything significant, with income dwindling in each subsequent Q both both Twins is another month closer to December/2017 when the $$$ runs out.

JMHO.