Fannie Mae Preferred S (FNMAS)

[SoFOR]

True, but how do companies function without any capital run by legislators?

A. They don't. Even the government is a dysfunctional money waster that would have gone out of business years ago if it weren't the fact that countries buy our debt.

FnF are the straw that breaks the camels back. If they don't get them off the books and into the hands of private equity before the next downturn? Govt owns it and the mess it creates, which might just crush the entire economy. Nobody wants that legacy, or the inability to pin it on someone else.

As a side note, are you Steve Mnuchin?