Fannie Mae-No Politics (FNMA)

[The Man With No Name]

You and KThomp have more patience than I do. I have to give it to you guys because you try to inform as best you can but when those listening either don't want to hear the truth or aren't versed in recapitalizations.....no amount of hand holding will matter.

If this stays out of receivership and exits in the next few years, my guess is juniors get about 5-6% and commons get about .1% of the released GSEs.

I'm an optimist.