Fannie Mae-No Politics (FNMA)

[Sogo]

That's the whole idea. Weak payout intended. Goal is to cover up / distract from what really went down, how incredibly illegal it was, and how totally corrupt the whole Wall St. / DC complex that executed it really is. If they can ram into existence a "solution" like Moelis, it'll enable the politicians to shout from the hilltops about what great heroes they themselves are. It'll enable the TBTF to shift the conversation and attention from what they did, etc. it'll keep the shareholder just barely happy enough to not cause a riot.