Fannie Mae-No Politics (FNMA)

[Donotunderstand]

NO

The article - why FNMA is suing on Libor (eventhought a settlement might bei 100-150million) - is wrong

FNMA is correctly suing to show the world and keep it in the spotlight j ------- just how dirty the "players" the "Reformers" want to use to replace FNMA

i.e. ok - there are problems with just FNMA and implicit guarantee etc. - but you want these MBS crooks and Libor scoundrels to be the underpinning of the middle class housing market financing?

all IMO but I want to see the big too fail to banks in the news each day with uncontrolled derivative nonsense and games - and LIBOR fantasy world - and MBS shenanigans

disqualify them (the private money) as THE only players in a future securitization market place - because they cheat and steal and are crooks