Fannie Mae-No Politics (FNMA)

[Potty]

TRCPA, Calabria can say what he likes -- and presumably he means that the companies will choose their options -- but as Conservator, as the clown likes to say, he is BY STATUTE in complete charge of the companies. So Calabria will have to approve, or disapprove, any capital options that the companies "choose"...

So are the companies choosing? Calabria can say what he likes, but he makes the final decision as Conservator

As Conservator, Calabria will also make the decision about how to amend the SPSA agreements between companies and Treasury, hence determining everything else anyway