Fannie Mae-No Politics (FNMA)

[imtheshadow]

A great return for those who bought after cship (congrats!) does not negate the incredible taking that has occurred - not to mention the 11 years and counting the gov't and courts have delayed justice. I've lost money on other investments and understand the great opportunity that later investors sometimes realize (including myself a few times). But this is different. The scale and depth of the deception and theft (or judicial cowardice) exhibited by the bad players is truly a threat to capitalism and the rule of law. Not a soapbox speech, just the truth. I am grateful for the en banc decision - but even a Moelis style outcome will be a travesty with the 10% rate and 80% warrants. Un ... bucking ... falievable.