Fannie Mae-No Politics (FNMA)

[Donotunderstand]

sure
a higher PPS on higher capital and better earnings great

but key to ACKMAN tyoe valuation is the LP/SP "obligation" goes to zero
but key to ACKMAN type thinking is DJT wants a bunch of cash and DJT can get it via WTS and that till leaves us with 35-45 PPS