Fannie Mae-No Politics (FNMA)

[Louie_Louie]

You know...that statement of MC's saying this will be treated like a chapter 13 reorg is just another way of saying we the government will cover our azz's. There has always been enough money being made by the GSE's to be released, as long as the government would have got out of the way of stealing everything. So talk of this being a reorg is a charade at best, my view: a joke. I'm sure many places would love to do a reorg on very profitable companies while embezzling as much of their profit as possible, thankfully that is against the law.....or is it?.

Our government - champions of do as I say, not as I do.
Just like their benefits, stock trading, and all other laws they've made themselves immune to.