Fannie Mae-No Politics (FNMA)

[Potty]

Mike, I do not understand it.

Some are saying Treasury is waiting on the courts to give cover, so Calabria is stalling -- but why cannot the capital rule be in process before court rulings? It will be now, so why such a long delay before doing this?

I call two options: Cock-up or Conspiracy? I tend towards Cockup Calabria..

To err is human, to really screw it up takes an academic