Fannie Mae-No Politics (FNMA)

[JOoa0ky]

No one's gonna care about the legacy investors (wall street is full of them they're called failed investors)...at least not the ones since the conservatorship... Nothing like investing in the ultimate uncertainty... Sounds more like pleading... Very unbecoming

In the case of companies that failed miserably due to under performance and negligence, I would fully agree with you.

Unfortunately or fortunately that isn't the case with FnF. They are in the position they are in now because Hank Paulson decided he wanted "heads to hit the floor". If there is no guarantee that another Paulson will come and want heads to roll on the floor on a whim... why would any new investor come in?

This wrong will never be righted but if legacy holders at least get treated decently... it is a subtle way of saying we will try to not do it again.