Fannie Mae-No Politics (FNMA)

[FOFreddie]

I remember that also Trunkmonk - now we find out that he actually undermined a bailout in March of 2008 with the Barrons Article leak and actively worked to nationalize the GSEs as early as 2008. Regarding Ackman - he too was a short in 2008 but knew the value and went long early in the game. I think Ackman is going to make a lot of money on his JPS first and then make a lot of money on his common next via lawsuits and lobbying around the Exit - if it ever happens.