Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Their leadership team could be veryy well quickly replaced if real shareholders have their say and the GSE's are not wholey owned subsidiaries of the government at release. No true shareholder here (I think), wants a bunch of hand selected government stooges running our companies.

If government ends up the primary apex voter on all things GSE after release then pref's and ommons will definitely get screwed on a dividend longer term.