Fannie Mae-No Politics (FNMA)

[FOFreddie]

Hi Familymang,

The operative word is "disproportionately" - not to hedge because the common is going be near worthless. Ackman makes sense and it really depends on what risk return investors have. Personally I think investors should own both and root for both like Ackman does.

By the way - next month should be a big month for USG replies. Do you think we should know by next week if Collins is going to be stayed or not?