Fannie Mae-No Politics (FNMA)

[jeddiemack]

The problem here is the obvious...

the risk panel agrees the gse's are light on capital.

that capital standards have to be set

that capital is good.

but no where does it ask...

why do you have no captital. what happened to it? How can companies that have reported 350 billion in profits the last 8 years have no capital?

who allowed what to be taken and why?


Now... lets fix that problem.


like everyone standing around and watching rome burn and saying someone sure needs to do something....