Fannie Mae (FNMA)

[FOFreddie]

Thanks for the reply Amelia, I thought it would be good to get you on the record for any rationale behind your assessment. You are definitely right about how bad of an investment this has been. I bought FNMAT for $ 25 in 2008! - for my wife's retirement account nevertheless! You can imagine how this has been the most terrible investment in so many ways! Personally I think it is going to be 5-4 on something more broad to limit the power of an Administrator - perhaps a partial carving out of Humprey's Executor on some rational basis to separate the FHFA from the administration of social security, the post office and entities like the FTC. Regarding anything that wreaks of nationalization I am thinking it is 7-2 AGAINST - I am a cool aid drinker who will take Justice Breyer at his word where he railed against the idea during the Oral arguments. All I have left is hope and I am willing to wait 5 more years for something fair and reasonable - it is kind of crazy but I still believe that someone cares about how the US Government ripped off shareholders who were led to believe that investing in the GSEs was a prudent investment in May of 2008.