Replies to post #539989 on Fannie Mae-No Politics (FNMA)

[Potty]

Layton lays out 5 year plan? Calabria wants to assure tenure to see it out?

Well, all the yammering of preferred birdies here about quick plan, but now we find ex-ceo Layton saying a 5 year plan is safest and doable

So, 4-5 years of retained earnings, establishing track record of safety and consistency, then re-ipo

At that point, only a small offering needed -- how do those common look now? Oh, and by the way, no dividends on preferred for 4-5 years?

But doesn't the government have to settle with preferreds? Well, en banc ruling ending NWS and the SPSA will resolve the lawsuits...

We then see why Calabria wants to have tenure -- and not be dismissable -- since he wants to safeguard the process

...what a shockingly different narrative than the one the paid birdies have tweeted here for the last year LOL

[Donotunderstand]

But it can’t work the way it did before the financial crisis. I think in the end, they’ll end up with the backing of the federal government, but it will come with more strings attached than under the existing support agreement. There would then be limits on their business that they did not have before conservatorship.


SHIZAM

collect profits - no dividends five years - do small SPO - become a regulated privately owned utility at 20 bucks a share

cool

logical

love it