Fannie Mae-No Politics (FNMA)

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mnuchin says possibly four more years until a "resolution" or whatever that means. In other words, the feds are going to keep bleeding these companies dry, and shareholders will likely get a few crumbs. I can tell you right now that hedge funds are not likely going to wait four more years all for a chance of making a profit. They might hang onto some pfds, but most likely will dump the common.
Sorry folks, but the courts were our only hope. This has been one helluva disappoint.