Replies to post #406818 on Fannie Mae-No Politics (FNMA)

[FastEddie18585]

Piqued.

[capitalismforever]

However, for a business analyst to not know info on Morgan Stanley Treasurer Celeste Mellet Brown especially when we have google these days...to be honest I'm quite surprised...again no offense...

This is a great example of how people misinterpret information. I stated "I don't know how long she was there, but I know she worked there." from that, you assume I don't know information about her. Is the amount of years really that important? Have you met her? Beyond knowing that she worked for Morgan Stanley, can you name a project she's known for or anything that would give you an incredible amount of insight to her? I doubt you do.

Off the top of my head, I don't remember exactly how many years she worked for Morgan Stanley. Does it matter? Absolutely not. That does nothing to tell me how much Fannie Mae is worth as a business. Smh.

Also, on another note since you keep wanting to discuss receivership even though it's irrelevant right now...I've seen you've mentioned this over and over...the other...entity that you refer so much about...how much do you know about this possible entity during receivership? What I've read is that this entity is not one for replacement of the GSE's but rather to continue the process to wind up the affairs of the GSE's in the instance the GSE's are poised for receivership?

Recievership is irrelevant? That's a rather big blunder on your part. The rule of the game is, if liabilities outweighs assets, recievership becomes an option. If receivership occurs, a new entity is a guarantee. Now what could possibly create a situation that would put the GSE's into receivership? The NWS combined with a tax rate change. Currently, there's $6b of equity on the books. If taxes go to 15%, $18b is the impairment requirement. If the recievership rule takes into account negative equity, and a corporate tax change produces negative equity, gee I wonder how that could happen. Hmmm.

How much do I know about this other entity? Apparently more than anyone else here since I'm the only one who's pointed it out and I see no one talking about it anywhere on the internet. There was even a bill created in 2011 that attempted to stop the new entity from being created. It was killed quickly. I guess common sense would say that if I'm the only one talking about it, I probably know quite a bit about it. I'll let you figure that one out for yourself. Your last question is a no.