Fannie Mae-No Politics (FNMA)

[big-yank]

What am I wrong about? A big announcement supposedly to be released tomorrow at 11 AM that I say is total, absolute BS?

Am I wrong about all the other bogus announcements from blogs and the Twitterverse that earlier set the stock into trajectories because, e.g., a settlement with the government was about to be announced? Remember that one? How'd that work out for Fannie?

Am I wrong about Fannie investor frustration with the litigation circus that drags, drags, drags on and NEVER sees any positive outcome except for those cashing checks for enormous billable hours? I can certainly state that I am one Fannie investor that is totally pissed off at the incompetency driving the legal bus in all these courtrooms. But I am not the fund manager footing the bills here, so I largely try to limit my criticism to suggestions for alternative approaches to actually win something more than further DELAYS for everyone.

Help me out with specifics, here, on why I'm wrong in my earlier post.

JMHO.