I think our best bet is Milstein's words: "AIG is no longer too big to fail". This, if you think about it, has a strong political component and has to strike a chord in Congress.
It does look like DeMarco believes that FF can still be part of the mortage/re picture post-conservatorship. What is not so obvious is how our shares are going to be handled or how his vision may impact us.
I continue to believe that government will accelerate their unloading from corporate America and eventually we will be the last man standing. In this regard, I think they will pass the ball to a 3rd party and whatever we are hoping for will not come from the government. Both Dems or Reps will refuse to be seen as equity saviors. Haven't sold any of my shares though.
Recent FNMAS News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 08:07:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 08:05:24 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM