Fannie Mae-No Politics (FNMA)

[imtheshadow]

What leverage do shareholders have to get a fair deal?

1) Trump wants bragging rights for election: yes, but if he's bragging about how much MORE he protected tax payers, well, that's not so good for us
2) NWS exceeds FHFA authority: yes, but what if UST appeals to SCOTUS? Mitigated by #1
3) Head of FHFA can be fired: doesn't matter because it doesn't matter to Trump's re-election
4) Attract new investors: should keep capital requirement reasonable and prevent new charters (which need congressional approval anyway) ... but we want IPO pps to be HIGH, new investors want it LOW ... and he who has the most money to invest makes up the rules
5) Current (new?) lawsuits: with exception of #1, time, $ - and most of the judiciary - on gov't side
6) Congress - just kidding

So, on balance, campaign bragging rights might be the only real leverage in our favor. Unfortunately, current pps indicates market is not so optimistic, yet. Not sure the opinions of thousands (millions?) of sophisticated investors following two of the most profitable companies in the world should be dismissed lightly. Long 50K pre-cship shs and getting much closer to my life expectancy every day ... cheers, shadow