Fannie Mae-No Politics (FNMA)

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If I were a bank or other source of private capital, why would I feel comfortable at all investing billions of dollars in a system where the US government has already shown it has little regard for shareholders? In my opinion, the collusive actions that have transpired between the Administration, Treasury, and the FHFA in regards to Fannie and Freddie will be a bigger roadblock to bringing in private capital than the implicit guarantee that the GSEs benefit from. Perhaps if Treasury/FHFA extends an olive branch to FnF (of course, also making an extremely hefty profit themselves) by reinstating them to shareholders, they may regain some credibility in the eyes of future investors. Reform can then happen gradually by reducing taxpayer risk/enhancing oversight.