Fannie Mae-No Politics (FNMA)

[Donotunderstand]

yes but no

I would like to think DJT wanted to free us in a way we came out with some good equity value

I fail to see --- flat out - how if he appointed MC day one - we would be any further down the road ---- as looking at the 20 months of so of MC shows squat for us - other than

1. An insanely high capital level requirement - that will dilute common

2. A debt for cash swap mutation of the NWS - so F and F keep the cash but owe the a growing amount to Treasury - the smoke and mirrors that pisses me off every time some one says he slowed down or ended the NWS - which 1) he did not and 2) was started by Watt anyway (all nonsense be it Watt or MC)