Fannie Mae-No Politics (FNMA)

[bcde]

"In order to raise ANY capital Squidmore MUST Squidless wink"

Calabria claims himself as housing finance, law and economic expert in addition to experience of working for top political leaders.

After one year as FHFA director he has done nothing but spin the wheel of stupidity and ruin the chances of FnF emerging successfully from conservatorship, with his loose talk interviews.

Despite, White house giving very clear policy direction, Calabria seems to be totally confused about steps involved in winding down lawless conservatorship. BTW FnF are the most profitable companies in the world. Any idiot in the world can successfully wind down such conservatorship.

Do we need such experts to screw up the things along with all high profile expensive advisers?

Calabria keeps on repeating that Conservatorship wind down is driven by process and it is not time constrained even after more than 11 years of lawless conservatorship. If Calabria were to follow rule of law as preached by himself in the past so many years, then conservatorship should have ended last year itself without any risks.

Calabria first needs to make himself accountable to all stakeholders before trying to throw dirt at FnF and investors. Despite all the slogans, allegations and attempts to change FnF model in the last 11 years, nothing much happened because there is nothing much to change.