Replies to post #448633 on Fannie Mae-No Politics (FNMA)

[Unhombrealado]

Part of it yes. Big enough so that it'll be profitable for GS, and so that he'll take a cut. But not bigger than what FnF will be in the future. I don't think GS can compete with the infrastructure FnF have in place...unless Mnuchin has been buying them time to build one...

[Donotunderstand]

actually he would first turn to TBTF Banks

but

with WATT there and the pressure from smaller banks and civil rights groups and DEMS ... one could see a utility model (with profits) for F and F AND then the TBTF banks etc. are invited to join