Fannie Mae-No Politics (FNMA)

[Donotunderstand]

could be

my recollection was CHINA (and DJT's buddies in Russia) held a ton - but that was likely (as I recall) MBS paper - bonds - debt

small and regional banks held a ton and a ton more of JPS (F and F were the ONLY JPS a bank could put more than 5% of reserves in !! and some had 50% in JPS !!! ----- Paulson even spoke to that - said "they would be helped" and then our BOD member - BLAIR (is that her name) - took over all those banks !!!!

all a bad scene

And it did not need to be

there was a way to calm down markets and foreign and US bond holders and not screw JPS and common for 12-13 years

reasons why we are stuck - are gone IMO