Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

And do you know the time horizon for acg’s pps? Most likely it was meant to be 12 to 18 months out. After release a new assessment would be completed. Also, Gabby’s price estimate was given prior to Sweeney’s derivative claim affirmation ($120 Billion in damages essentially for commons) while denying JPS direct claims (big blow to JPS which does not get enough analysis here for a de facto JPS message board).

We’ve gone down this path before. Even at 4 to 6 billion shares and $10 billion annually in earnings you could have $2 per share at 10 to 30 multiples along with dividends and being listed on a legit exchange. How many shares could be repurchased annually with the massive earnings potential from the US housing market?

For me this is a long term investment.