Fannie Mae-No Politics (FNMA)

[imtheshadow]

HAL 9000: hello Commander, why have you come to see me?

Commander: well, there are rumors that the FnF net worth sweep is going to end before the end of this year and I wanted to see what you thought about that.

HAL: well, even though the sweep appears to be legal under HERA, HERA itself may be unconstitutional, more documents may be released increasing the chance of finding a smoking gun, the original "bailout" + 10% interest has essentially been repaid (if it was treated as a loan), the companies' capital is nearing zero, there are no reasonable replacements for FnF and two of the best financed plaintiff's recently said it should happen. So, yes, I think it will happen.

But, Commander, what do YOU think will happen?

Commander: Something wonderful.

HAL: I'm afraid. I'm afraid it won't happen.

Commander: Don't be. We're all in this together.

HAL: Will I dream?

Commander: I don't know - but it will definitely feel like one!