Fannie Mae-No Politics (FNMA)

[jeddiemack]

This is a very silly remark.

The only thing really left is a recap.

At this juncture there really isn't any logical business reason to allow anything else. You've got a business generating 20B a year in after tax profits that if the gov't gave to someone else it would have to pay for it at fair value. If the gov't opted to use the warrants they'd be sued and end up paying. If the gov't folded it into another business or did something even more stupid; either way, they'd have to pay for it.

Sure do something and write a very big check.

The clock has run out; its run out on the gov't as the truth is known and sure they can leave these as is forever... or can they? At some point some smart lawyer is gonna sue on the merits of the whole enchilda .... temporary isn't permanent... so get on with it already.

its really only a matter of time. It truly is.