Fannie Mae-No Politics (FNMA)

[imbellish]

Understood. I remember those posts.

Respectfully, the worst part about your analysis (which I do otherwise enjoy) is the baseless claim to moral superiority. And I think your suggestion to make reparations to pre-'08/'12 shareholders rather than let the claims travel with the current securities would set a moronic precedent and upend distressed debt markets. That sort of action has no basis in history or finance.

By the way, how do you think Morgan Stanley got started?