Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

I can sum up MC's comments as they are the exact same since he was nominated, "THEY NEED MORE CAPITAL!". This whole "living will" for banks stuff sounds great on paper, BUT THE GUBMINT WILL LIKELY STEP IN SOMEHOW ANYWAY INSTEAD OF STANDING BY WATCHING THE CITIZENS DROWNING IN THE NEXT INEVITABLE FINANCIAL CRISIS! I think the idea is to make the next one less painful somehow, but the best laid plans of mice and men....