Fannie Mae-No Politics (FNMA)

[YanksGhost]

The problem is that a lot of credible data exists that many in government had grave concerns about the GSEs, well prior to September, 2008. Many of those same people have the same view today: the GSEs need to be phased out and replaced with a new model. I'm not agreeing with their viewpoint, just stating my opinion that pursuit of the assertion that no bailout was ever needed is a wasted argument and a false hope for any beneficial court decision. The NWS is the Achilles heel.