Replies to post #398919 on Fannie Mae (FNMA)

[Cockster434]

What does this mean? Does this mean we're close to freedom? I'm thinking of purchasing some more shares Thursday.

[Donotunderstand]

severe the for-cause removal restriction

(while I am not sure I agree )

This would mean that WATT can be fired with no cause - he is an employee at free will

(again - overall - giving this much power to the Executive for all such similar agencies is likely not wise)