Fannie Mae (FNMA)

[Lajrchamp]

I wish it weren't the truth, but history says it is. I think we win at SCOTUS, but unless the Justices hand down a ruling strong enough to pry the Government's tentacles off, the GSEs will rise for a short time, then bleed their way back down again. Perhaps the combination of shareholder lawsuits combined with the Government losing its cash cow will make it unprofitable and break the logjam, but rest assured, neither the Administration nor the Congress will do any of this of their own free will. Think about it: this week, SCOTUS is likely to overturn actions by each of them.