Fannie Mae-No Politics (FNMA)

[kthomp19]

I understand that some of the hardline right want Fannie and Freddie gone, or at least to strip them of any sort of guarantee be it implicit or explicit.

My point is that those same Republicans may not necessarily care about punishing the shareholders. Some of them, Hensarling and Corker included, could very well think that it would be worth $20 billion to pay off the junior preferreds so that the lawsuits go away and they can get their full privatization dream done quicker.