Fannie Mae-No Politics (FNMA)

[imtheshadow]

This whole ordeal reminds me of scuba diving. The deeper you go (capital fully depleted) and the longer you stay down (11 years and counting), the longer and more frequent stops are needed on the way back up to avoid a fatal attack of the bends. The timeline also reminds me of the cardinal rule in scuba diving - don't EVER hold your breadth. This kitchen is packed with so many crooks - I mean cooks (FHFA, UST, WH, Congress, WS ... + courts, plaintiffs and, likely, new shareholders) - that NOBODY knows WHAT is going to happen or WHEN. Even the insiders don't know ... with one exception ... the Shadow knows ... ;)