Fannie Mae-No Politics (FNMA)

[imtheshadow]

While I agree the commons are very risky (which I bought at $6 just two days before cship), their ultimate value will be a combination of not just the NWS and DTAs, but also court rulings, the 11K discovery docs, many complex political factors and the need to ultimately attract some amount of private capital for a recap. Yes, traders may get burned in the short run, but others like myself have a different horizon and risk/benefit expectations. cheers, shadow