Replies to post #204970 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

cool

she is a person we should want to get aboard

she needs to understand (as many of us have said) --- 80% of a company shoule it survive and 10% interest until ...... is plenty for the money forwarded

When people talk trillions at risk - they need to remember - that even at discounted values for assets (over discounted) - FNMA held trillions of dollars of assets

Only the high delinquency rate brought on by the recession AND THE BOGUS PAPER SOLD TO THEM BY THE PRIVATE SECTOR made them cash poor for a short while

Had the GOV lent or invested say 1.5 Trillion as only they could -and taken 80% and 10% --- while still wrong, I could listen to the "well without our money" argumnet with a more open ear

But Trillions were not lent or invested !!!!