Fannie Mae-No Politics (FNMA)

[rosen62]

bmp152, although I agree with your points it is difficult to comprehend that the possibility of returning to profitability had existed back then (unkown still leaves the possibility intact) -therefore setting things up for activation of DTAs- and not once a provision to limit the transfer of wealth was included in the last amendment. If indeed the intention was not to increase compensation to Treasury. Who were the actors here? Were they not well-seasoned professionals, politicians, accountants, lawyers with commensurate experience in the legalities of it all? This looks more like an omission.

The surest, most practical and safest way of planning for future events is answering all the "what if" scenarios. They haven't done that?