Replies to post #415263 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

no

[Moeclay]

See page 29 of the "Blueprint"

[Potty]

Make it 3 years and you may be right...

Selling the hangover of government stock will take a while and if AIG is anything to go by then higher SP's only reached after that.

BTW Moelis is sand-bagging by putting capital requirement for a bank in their presentation. This keeps the SP down in their projections. BUT far less capital is needed for FnF business, so cut the capital required and raise the SP by same proportion..

However, VERY smart to use high capital requirements since then "hedge funds" are only shown as earning reasonable SP -- but I think it is double or triple the projected short term SP of 8-13