Fannie Mae Preferred S (FNMAS)

[loobeyondbm]

Hedge funds are not the problem

I don't think what's happening (block transactions) is between hedge funds. They can hold. It's a zero or hero game for them. There's no way Paulson or Perry can clean out their shares through the market at this point. It's more likely a story of smart hedge funds cheat out the dumb community bankers (sorry to say it this way, taint, but that's the way it is).