Fannie Mae-No Politics (FNMA)

[LuLeVan]

I think it would be more accurate to say that they cannot assess the economic consequences for the housing market and the economy in general if they release the twins. We are talking about more than $8 trillion of FnF MBS - a lot of risk, and a lot that could go wrong. That's why they're postponing it forever ("never change a working system" - even if it's fraudulent).

"They don't know how to end it.."

It is as simple as it has always been . . . just a signature. Both F&F know what to do when the conservatorships end.