Fannie Mae-No Politics (FNMA)

[Donotunderstand]

good point - maybe a stretch

as I recall the banks did quite well taking tax money ------- it might be that ONLY when some temporary Conservatorship is introduced that all should run

Or ---- warrants at crazy low prices as part of the initial deal might be a good reason to run away from the GOV's offer

I do not recall if the GOV used such WTS ---- I think maybe once in total? and maybe with GM --- but best I understand GM was in serious and more serious trouble --- even bond holders did not get 100% - more like 40% (and yes I bought some $25 price par jr debt at $4 or so and to about 8 I think