Fannie Mae-No Politics (FNMA)

[Spicoli]

Does wiping out the shareholders conserve and preserve the GSEs?

Would private capital invest in GSEs after they wipe out the prior shareholders?

You can’t call for a capital raise of some sort and then also say but first we need to wipe out shareholders. I think it’s just lip service so that they can appear to address all ideas all the while the plan has already been set in motion. Trump wants this done before the election.

Ridiculous comment by MC.