Fannie Mae-No Politics (FNMA)

[big-yank]

Spot on. I am worried by what I sense more than what I see. Somebody says "Prove it" well, I can't, but I have been here before and I know when there is a power game being played that I am too inconsequential to either play in or insider enough to alter.

None of that concern is a reason to reduce or sell a position in what I still believe will be a huge gainer with patience.

But when article after article suddenly arises after not much news for quite awhile that suddenly accepts government keeping the warrants and says the preferred shares get retired at par... neither of which was previously part of the popular dialog... I have to ask what it is that changed, and WHY?

JMHO.