Fannie Mae-No Politics (FNMA)

[Phisherman]

I tend to think throwing a few billion at FRE/FNM common and preferred stock would have been very productive for the GOVT. At least it would have bought them and the banks more time. They might have even been able to avoid those counterproductive warrants, which increased everybodys asset write-downs. That didn't happen, but even doing it at this point, would have a positive effect on the market, as well as increasing bank assets, and giving them a chance to get liquid if they choose at reasonable prices, or stay in two monster GOVT MAJORITY OWNED mortgage giants. They almost should at this point, not only to make taxpayers money in the future, but because they truly have screwed stockholders that were in FRE/FNM previous to conservatorship. JMO...