Fannie Mae-No Politics (FNMA)

[big-yank]

It's okay, Glen. I understand things very well. You are under a lot of pressure. And the DOJ entering the Fairholme matter must be very concerning to you, too, now. There is added stress when the hunter suddenly may become the hunted in "The Most Dangerous Game."

Your gaffe regarding Florida's Sunshine Law and your gaffe regarding auditor accountability is no worse than and largely consistent with your earlier S/A headline gaffe, yesterday, asserting a Perry Appeal verdict was "imminent" despite their being no public evidence of that. Did I miss something, today, perhaps? NAH! But, hey...

Good luck. I never cheer for the misery of another human being. I think preferred shares will still finish in the money in the eventual liquidation sweepstakes @ somethingonthedollar, sometime in early 2019. I'm fine with that. It was always in my investment thesis.

JMHO.