Fannie Mae-No Politics (FNMA)

[Potty]

FnF hiring FA's will also help, but it needs to get done soon so that those FA's can (i) have discussions with new investors and (ii) communicate what they find back to FHFA, especially with regard to the financial viability of their capital rule.

Normally, with regulated utilities etc. one has two sides, where one advocates for the utility and its shareholder's interest - namely, the utility/company itself --to the regulator. The back and forth then settles on a workable compromise.

Here we have a trully messed-up situation where a regulator is also the conservator, so no one in the process has, so far, been making a case for the utility/company and its shareholders... Not a healthy, or productive, process.

Hopefully, the comments, and FA's, can inject that kind of perspective -- at least from new investors. (Though they have interests not completely aligned with present holders.)

There really should have been independent conservators in each of FNMA and FMCC so that the process was more healthy -- but of course the Bush/Obama focus was extra-judicial killing of the companies