Fannie Mae-No Politics (FNMA)

[Red Captain]

A very realistic and modest way of doing it.

Definitely agree they can present it in the very agreeable way you suggest. Just a simple suspension of the payment on the basis of protecting the taxpayer and building up a government asset, all the while buying plenty of time so that the large scale reform can be pushed back way down the line.

I really hope the delaying in announcing the sweep end is just so that insiders could load up over the course of the month + (a million shares every day for 30 days x10$ pps means a profit of some 210 million dollars if they bought in at 3$). Still, I have nagging feeling that inertia more than anything will prevail and the sweep will go through without even so much as a comment on it by the treasury.

:(