Fannie Mae-No Politics (FNMA)

[big-yank]

You asked for the two articles I cited and any related text. This piece is in the "related" category. It clearly reinforces my point on momentum seeming to line up behind government keeping the warrants and "sharing" in the success of revitalized GSEs. Howard's comments on release seem, to me, to read like a page from the earlier Fairholme Offer. And, of course, the article specifically slams big Wall Street and big banks while lauding Berkowitz, Ackman and Hindes as deserving in the settlement end game. However, non-hedge-fund nvestors get no sway whatsoever in this article.

Is this all just serendipitous? Could be, I suppose. Then again, maybe not.

If I can locate the two initial pieces, I will post them. However, there has been so much print coverage of late that this may be difficult.

Do you have any thoughts on why government retaining warrants warrants seems to have moved into the acceptable outcome dialog? This was not as much of the conversation about Fannie Mae and Freddie Mac until lately.