Fannie Mae-No Politics (FNMA)

[navycmdr]

listen to EVERY WORD he says ... retain earnings for several months

so NO DILUTION NO IPO until they reach some Earnings Milestone to be

established in the LOA - HE DOESN'T SAY STOP the SWEEP -

" What We Want to Do by the END of the MONTH is RAISE

THAT NUMBER SIGNIFICANTLY and then AFTER THAT we want

to AGREE to make a CHANGE to the UNDERLYING SHARE agreement

that would hold a whole other host of issues and that would set us

on the PATH to ending the Conservatorship ... blah blah blah

Process driven NOT Calendar driven

SEPT 12th CNBC VIDEO: