Fannie Mae-No Politics (FNMA)

[ReadyToRumble]

It was a good post... especially the last 4 lines. Don't listen to any self-appointed content police on this board.
I don't bother with twitter (Machete don't tweet) so these posts are appreciated.

That said, I don't think there will be any scenarios were damages of $25B will be paid out to jps. Our government simply doesn't have the $$ for that, plus the optics would not look good at all if the Treasury was forking over that much scratch (even if it's in the form of common shares) while trying to recapitalize the twins. The "blue sky" outlook that some fools think are gonna give jps 20, or even 10, shares for every one share of jps is nothing more than fantasy. There, I said it. :)