Fannie Mae-No Politics (FNMA)

[altruism]

They are hundreds of billions in debt... they have warrants that could be exercised at any minute for 80% of the common shares... they are Shoring up trillions and trillions of mortgages with a couple nickels in the bank... the fact that this is trading at a dollar Thirty and not less would normally be surprising except a couple of large holders you have no way of escaping without selling for practically an entire loss as it would bottom out the stock... But sure why not I think they can afford maybe to buy back a hundred maybe a thousand shares I wouldn't go much further than that though