Fannie Mae-No Politics (FNMA)

[GreenGro]

Benny - from my perspective, with each positive earnings reports the chances of FNMA emerging from government control are increased. I don't expect commons to go through the roof on the next earnings report though I do expect nice gains. Ultimately, big profits or not, longs are still dependent on FNMA surviving as a private entity - but to do so, and to even have a chance at rescuing commons, they first need to make enough money to repay Treasury.

Despite the posturing in D.C., I suspect there will not be a whole lot of motivation to wind down a profitable company which can otherwise afford to repay $$$ from the bailout package