Fannie Mae-No Politics (FNMA)

[FreeFNMA]

What are we really scared of here? Somehow Bob freaking Corker being able to get 60 senators to vote to drastically change the way our housing system has functioned for the last 80 years. NOT only that but essentially reverting back to the system that caused the housing collapse to begin with. He can sugar coat this chit for the common idiot voter but to try and pass this kind of GARBAGE through Mnuchin is a joke. He knows very well what is at stake and FNMA is not going into freaking receivership. BROOKS his right hand man is running Fannie right now, Gary Cohn is a major shareholder and Trump adviser etc etc etc

I will give you my worst case scenario

Recap and release with a cap on distributions to be paid. Mandatory 100b capital buffer and full dilution of penny warrants. Our PPS is still $20 and everyone is happy besides Warren Buffett