Fannie Mae-No Politics (FNMA)

[trunkmonk]

I still remember Hanky panky on the steps of the Treasury, publicly announcing the takeover of GSEs, with his hands shaking, such a lie he was not sure if he could pull it off. He needed a dumping ground for his wall street bank buds. GSEs was easy target, even after EVERYONE was saying how Stable and Liquid they were only weeks prior. If they ever want confidence of anyone who is anyone on wall street banking, they cannot get through RR by hosing shareholders, there will be no one who will buy into it, the street, and housing industry, will still be on edge or worse. it took them 15 years and they still cant get it right????? they got one chance, and its not Moelis, receivership, or anything to do with diluting shareholders to create value. Only a Snake like SM or BC wanted these things cause they shorted GSEs to the ground. Ackman understands that creating value and ownership, through common shareholders, is everything going forward.