Fannie Mae-No Politics (FNMA)

[DJVan57]

Well I thought that was crazy talk but the admin has been very tight lipped and high amount of very negative talk from “ the usual suspects” and other badgers so this is a bit of a relief. I hope that clear headed well reasoned approach out of this will be implemented but I also don’t know if we can trust the government to not screw this up. Recapitalization in light of the overall market turmoil will be challenging but its really the only option as shutting em down might end up being the worst idea in history.
Anyone seriously considering handing this business to the TBTF banks is insane and will likely see their efforts bring about the next financial depression - worst than the last.