Fannie Mae (FNMA)

[NobodyFromNowhere]

Berkowitz in trouble with Sears and Perry liquidating. They want a resolution asap. Time decay is killin them.

I think Hesarling and company will continue to say that Fannie poses a credit risk theat to the USA and will never allow a common shareholder base in the companies again. Think republican ideology over rule of law.
Continued delay delay delay by republicans who throw up over the idea that these companies use the US taxpayer's credit rating to pay guys like Franklin Raines and Bill Ackman massive fortunes.
I have no position. Too much risk. Too much more delay delay.
Mnuchin will look to settle with preferred shareholders and hand over the platform to Goldman Sachs and co.
common shareholders shouldn't expect any favors from hedge funds, goldman sachs, and republicans.