Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

Courts have ruled and Calabria has said FnF has paid the Gov back and then some - Mob financing - all debts paid in full and warrants cancelled as part of settlement or litigation continues - again - equitable - it means fair for both sides of an issue. Below is the simple equation for you:

Gov profit is 125$ Billion = Cancelled NWS, Cancelled SPSA, and Cancelled Warrants

Gov never gave FnF the opportunity to repurchase the warrants a la AIG or Citi of which you guys love to quote. Good luck out there ...

Pretty simple - hopefully you guys get that one - here endth the lesson ...