Fannie Mae-No Politics (FNMA)

[contrarian bull]

What are you talking about - no good news? Old news like the continuing conservatorship and sweep are bad, yes. But the positive new news is fantastic:

Treasury to give F&f over $4B that they don't even need by the end of this week. Free money!!!!

F&F allowed to build up their net worth to $3B each. This represents a shareholder value of close to $3 per share.

F&F will report another great quarter with billions of profit - allowing them to build up that allowed $3B net worth.

Corker leaving.

No action at all from congress on reform opening the door to Watt doing whatever he wants.

I think all this is good news.

This is going to get very depressing and ugly considering there is ZERO positive news anywhere on the horizon