Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Your basing release assumptions on the need for capital or a capital raise. Thats decreased alot and I predict a magical much lower capital number at some point due to the stress tests and industry pressure.

The seniors and the warrants are what holds the companies heads under the water. If government wants to release two fiancially weakened companies, they will do what JPS holders are advocating. If they want two strong, viable companies able to run as they currently are, they will do what's right. Yes, it's very hard with the web they weaved over 15 years to do what's right, but not impossible. Those advocating for "needing to get theirs" and screw everything else, I think, are going to be sorry. Housing is something they don't want to get wrong, with how it affects the economy.

JPS called for bankruptcy for a long while also, if you've been here long enough, and so, how has that worked out? Yeah, they stopped pounding that drum once capital was allowed to build. There's a very salient point that JPS also keep avoiding/neglecting, there is one half of government that absolutely does not want to enrich hedge funds. The hedge funds are JPS advocates and the first one's to throw suits at the government. Yet, JPS believe the government will rollover and lay in bed with them at release? I don't know about that....