Fannie Mae-No Politics (FNMA)

[justradin]

Without the GSE's, we become a nation of renters.

And that is not how this story ends. Sure it's drawn out and we all want it to end a decade ago, but they're still here and more capitalized today than 5 years ago or last quarter. If they were going to cease to exist, they wouldn't be capitalizing them.

And nothing, absolutely nothing politically is as it appears.

And some of the TBTF banks are about to test the TBTF theory.