Fannie Mae-No Politics (FNMA)

[JOoa0ky]

Until your neighbor across the street is willing to give you a million dollars with no strings attached... there is no reason for me to believe treasury will grant multi-billion dollars to legacy shareholders.

Cram down is the most likely scenario to happen.

This expectation that the opposing party will be more altruistic than you are... is a dream that will forever remain a dream.