Fannie Mae-No Politics (FNMA)

[Sogo]

Thats an excellent point about why BofA would love to keep the status quo prior to 2008. Thanks! I had been suspicious that BofA would want to be put in a prime position in the new FMIC configuration that dissolves FNMA. Basically, i think your angle on it is a much more pragmatic and realistic take on BofA's motives here. I mean, there should be no doubt that Watt is to be their guy on the inside whenever reform eventually happens. But BofA would probably prefer the pre 2008 status quo over becoming, say, the new backer of the proposes FMIC, right?