Fannie Mae (FNMA)

[kennedytrading]

Reform plan is obviously not tied directly to the R&R. All of us investors here understand that, but do you think the financial committee and Congress would let R&R to take place before reform without causing lots of troubles? As much as I and all other FNMA investors want to see R&R to happen soon, I think Calabria, Munchin and WH politically want to play the bipartisan card by waiting to see the Congress financial committee either fails to deliver the reform plan or to deliver a nonfunctional plan. Once Congress fails, Calabria and others can then make their move - executing their R&R and implementing their reform Plan.