Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Seems pretty clear to me that the current administration is not into assisting big corporations and evil hedge fund guys. They are allegedly for the little guy and the optics of giving up 100% control of 2 of the largest corporations in the world would prevent them from diverting much needed capital from the twins to their targeted political voter base. Of course the PIMCOS, TBTF banks, the NAR, the MBA, the NHBA, et. al. will all be egging on Sandra L Thompson to divert more gse funds to her political voter base while maintaining the EXPLICIT gubmint guarantee.

I think you have been right all along Navy, the Judicial Branch will have to intervene to provide some form of relief to the beleaguered shareholders unless Sandra L Thompson is really serious about the exit from the now 14th year of CONservatorship which was really the intent of hera when passed in September 2008 (i.e., NOT PERPETUAL CONSERVATORSHIP/NATIONALIZATION).

We'll see what happens but I like the posture of the Takings Case, Lamberth, and of course the 5th Circuit.