Replies to post #392201 on Fannie Mae-No Politics (FNMA)

[much faster]

first, i`m neither long nor short in F&F, i`m long in washington mutual.
second, there are similarities between the F&F robbery and the wamu robbery, at booth companies were the common shareholders screwed.

and i follow the F&F case very interested, because i assume, that the new wamu, the wmih, could be one of the reinsurance companies for the 2 percent (ask buffet, where he got the 2), independent of the development at F&F.

for example, if the F&F prevails, i guess one of the new rules will be new additional capital. or a reinsurance of the risk, and there comes the new wamu with over 10 billion USD in NOLs.

and if there is a new company for the F&F, then there is the same need for new capital, either in cash or in reinsurance.

as to the most likely development for the F&F, for me the most important question is, what wants the DON, what wants trump?

and for me there is one important reason why trump got promoted, thats the profits abroad, and their homecomming, lol.

1800 billion USD in offshoreaccounts waiting to get home, as taxfree as possible. at a taxrate of 35 percent thats 630 billion USD.

630.000.000.000 USD.

how much would fakebook pay to a president, to get a part of this money taxfree, or at a lower taxrate? and apple and starbucks and mikrosoft and so on.

how much? 3 percent, 2 percent? that could be about 20 billion USD for the DONs family.

and all the other stuff the DON is only area fritta, hot air, to get some negotiationsroom.
F&F is one of this bargaining peices, maybe he will get some for the preferreds, maybe even something for the commons, but its not important for him and his gang.

the taxes or nontaxes from the 1800 billions , that the most important point. and his part of the loot.