Replies to post #553730 on Fannie Mae-No Politics (FNMA)

[north007]

This was all orchestrated.

[Steelhead9]

WOW how convenient !!! Treasury’s plan says to follow the law. Calabria wrote that HERA was violated!! En Banc ... The law has been broken !!!

I do not believe it was coincidence that "the plan" was released the day before en banc. I think the Admin knew when ruling was coming and released an intentionally vague plan in order to disappoint the market, allowing friends to accumulate at lower prices. They can say, "We planned to go slow, but 5th circuit says NO, do it now."

This is what we call political cover. If people (Senators & Congressmen) ask, "Well aren't you gonna appeal?" They can answer, "Well as you see by our plan, we were going to let them build capital anyway,"

If all I'm hearing is correct, this has been sheer choreography.