Fannie Mae (FNMA)

[Robert from yahoo bd]

At least 2 major problems with the US Government (via the NWS) acting in an opportunistic and profit maximizing capacity through the exploitation of it's 14+ year "conservatorship" are: (1) it disincentives the investing public from contributing 1st Loss Position Capital into private corporations that serve a public mission and (2) the legal precedent (if the NWS stands unscathed by the courts) will discourage future US significant financial intermediaries and corporate Board of Directors from accepting federal government money.

This will likely prolong and deepen the next inevitable financial/economic crisis and hurt many hard working American Families and Retirees holding publicly traded stocks and bonds and real estate.