Fannie Mae (FNMA)

[jeddiemack]

Rosner is no friend of the common man.

Fact is Fannie and Freddie have already provided 100-200B to all of the above.

The warrants are garbage. They excercise them and the lawsuits will be ripe for a takings claim. So, they never will. They also have to resolve all the lawsuits before recapping anything. Absolute best way is to come to a settlement on one of the Class Actions and resolve all the claims with one brush of the hand.

The only other way is bankruptcy which would also prove horrible because then a judge would be incharge and the govern'ment wouldnt want that as there would be too much at risk. The risk of the unknown. All the delays are and have been necessary to stage the scene. Put the actors in place and get things or people to see it their way. At some point that ends and at some point the gov;t has to come clean or bury it.

So, taking another 150B from the warrants will likely never happen. Just not feasible. Unless Rosner is for the greedy government its far better to recap - and the gov't reaping billions from taxes. And the waterfall of the spending that will occur as a oversized stimulus package that will work its way thru out all the state tax rolls and large spending by taxpayers, spending money in an economic boom.