Fannie Mae-No Politics (FNMA)

[Guido2]

Thanks trunkmonk. Facts don't change:

They had $95 billion in capital when they were put in conservatorship.
They were forced to buy bad loans up to @ $20 billion each monthly.
The first "draw" didn't occur until more than 6 months later. In the meantime, their business and the $95 billion capital was able to finance their regular business activities plus purchase the bad loans forced on them.

Just looking forward to SCOTUS opinion. Particularly, their ruling on shareholders ability to bring lawsuits against FHFA. That's the silver bullet that kills the beast.