Fannie Mae-No Politics (FNMA)

[imtheshadow]

Gov't is in so many conflicted positions:

- hurt value of commons = hurt value of warrants

- SCOTUS fire-at-will remedy win for gov't in FnF, but lose ability to shutter CFPB

- release 11K docs to expose NWS theft by D's ... but expose cship theft by R's

- high capital requirements reduce risk of future gov't take over and silence congress ... but increase g-fees, reduce affordable housing, possibly sink re-cap plan ... and possibly increase competition (level playing field?) with bank-like cap requirements

- fair settlement protects rule of law ... but enrages congress (hedge fund windfall, moral hazard and loss of NWS piggy bank!)