Fannie Mae-No Politics (FNMA)

[bcde]

"Calabria's number is probably pretty large (at least $75B) given that he said it would take a decade worth of retained earnings to recap through those alone and also talked about the largest equity raise in history (Petrobras, $70B). Ackman also said that FnF will likely require the largest equity raise in history."

If amateur FHFA Director Calabria causes any economic problems with his crazy wishful thinking, then people will suffer greatly.

Probably White House will not allow Calabria to act on such his stupid thinking.