Fannie Mae-No Politics (FNMA)

[Bodach]

Conservatorship = DONE if Fannie and Freddie continue to make profits (imo). Keeping the shareholders out of the loop on profits appears to be unconstitutional via the 5th amendment:

No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offense to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.

Government knows this, thus it's problematic for them.

All it would take is a class action lawsuit from the shareholders, and it'd be over with.

These earnings could tell a huge story. They will come either after hours today, or sometime tomorrow. No later.