Fannie Mae-No Politics (FNMA)

[Louie_Louie]

OMG Folks, flavor of the day is now Calabra's book. You gotta be pretty dense to believe a has beens remarks, opposed to who will be making the actual decisions.

Did Calabria advocate bankruptcy? NO! Good bye liquidation prefference.
Did Calabria advocate dividends? NO! Good bye dividends and par value.
Did Calabria advocate making JPS rich? Good bye conversion pervision, dillution solution, cram down clown go round, capital stack crack attack dream.

Hello capital build, slow and steady, until.....BOOOM!