Fannie Mae-No Politics (FNMA)

[kthomp19]

Shareholder's Post card plan is a high level plan or template without tied to any specific implementation details.

And therefore worthless.

Unlike Moelis Plan, post card plan is simple to understand, fully compliant with all laws, does not make any assumptions and is totally safe and risk free.

This is wrong on so many levels.

1) The Moelis plan is also fully complaint with all laws. There is no way they would waste their time, money, and reputation on something illegal.
2) The fact that the "postcard plan" makes no assumptions is a severe weakness. It isn't even a plan! That's like saying that the theory of gravity and the theory that Bigfoot exists are both theories, therefore both are equally valid.
3) Ending the conservatorship while FnF are undercapitalized is nowhere even close to "safe and risk free". Any government line of credit while capital is built keeps taxpayers explicitly at risk. The only to minimize taxpayer risk is for FnF to be fully and adequately capitalized.