Fannie Mae-No Politics (FNMA)

[LuLeVan]

"Dumb" money does not necessarily come from Wall Street. Sovereign wealth funds from Middle Eastern oil states could buy large parts of the new SPO shares. Remember Mnuchin's hedge fund is active there?

Really? What if JP Morgan or Morgan Stanley or whomever the FHFA and UST hire to advise them on double dipping from the theft, tell them their is little if any appetite for Wall Street to fork over $100B to $200B in fresh equity capital into a 1st Loss Position