Summed it up! But I'm hoping you also got to see a US president give a hastily written speech poo-pooing the GSEs and attempting to influence the market on the eve of a GSE earnings announcement that the market had been greatly anticipating as a sign of how close the GSEs had come to "paying back" the gvt. THAT was a doozy! Speech probably written by Buffet himself, or perhaps the Senator from Wells Fargo.