Fannie Mae-No Politics (FNMA)

[bcde]

"As much as we all hate GasBag he does bring exposure to us. A 5 cent pop is better than nothing. The recapitalization amount $150B sounds about right. However that is not the IPO amount as he states in the video. Retained earnings over 5 years will net $100B. So the true IPO number is $50B. Quite manageable over this time frame if spread out through multiple offerings."

If Calamari revises capital rules to insurance company like capital then FnF need only 1% to 2% capital and not bank like 4% capital.