Replies to post #406037 on Fannie Mae-No Politics (FNMA)

[HoldenWalker99]

Exactly.

[lijianch]

I agree. Good news is about the FOIA applied to FNMA/FMCC now. There will be tons of documents released to the public. More and more detail will be disclosed and it will be clear to the public that the FMCC/FNMA were in a good shape in 2012.

I do not think that the government would be stupid enough to push the documents out and wipe out the common holders at the same time. It seems conflicting to me that GSEs were in good shape and we have to wipe you out. If the government wants to wipe you out, why push for a FOIA bill?

Give me a reason if you have.

[MannSinger]

Many are trying to scare small investors- lol

Many posters are trying to scare small investors using preferred and receivership. If Government screws common of old GSEs why would anyone invest in NEW GSEs? Exactly same word was said by former FHFA director Lockhard in January 2009 om CNBC.
Look at what is happening with GM. No one is interested in buying in spite of such great line of products and value. GM will have to give dividend to attract investors. Otherwise GM will go BK in next bubble burst.