Fannie Mae-No Politics (FNMA)

[big-yank]

There is obvious duress for a board of directors that has witnessed the company to which they owe fiduciary responsibility collapse from around $60/share in 2007 to $18/share in July, 2008 to $7/share in early September, 2008. That duress needs no explanation, their resignation needs no explanation and the government didn't need to pressure anyone against the backdrop of visible market factors that are indisputable.

JMHO.