Fannie Mae-No Politics (FNMA)

[Dg1964]

What Gasparino doesn’t understand or is unwilling to communicate is” THEY ARE PUBLICLY TRADED COMPANIES! They are essential to the liquidity and the reliability of the mortgage market. I would say this Charlie- the past administrations had the opportunity to place them into Receivership- they instead decided to loot them. Moreover Charlie- you should be more angry about the looting and violation of the fifth amendment and less worried about recapitalizaing public traded companies that help and ensure average Americans have access to home ownership. I would agree with him that Politicians have manipulated the GSE and politicized the entities that should not alter the idea that the GSE are too important and valuable to replace. It is to late for that, recapitalize is coming and the en banc decision will hopefully expedite this as well.