Fannie Mae-No Politics (FNMA)

[BullishTaurus]

I think whether they use "reform" or "wind down" is still bad.

Any plan in regards to Fannie and Freddie that doesn't involve "release from c-ship" or "return to their rightful owners" is bad for us, shareholders, in my opinion.

It almost seems as if the main purpose of every politician's plan nowadays is to wipe out the shareholders and any value left on the GSEs.

I just have the feeling that nothing proposed tomorrow is going to benefit the common stock, and it'll suck for this to tank based on this conference now that we have built so much positive momentum.

They need to leave the GSEs the f**k alone and return them to the public market.