Replies to post #629822 on Fannie Mae-No Politics (FNMA)

[Guido2]

You CAN'T have negative net worth as long as assets exceed liabilities. As long as the DTAs are in the books they are assets. (I believe there was a write down in 2018 when the tax rates were lowered). This is reality! Always has been. They aren't insolvent now. They weren't then.

[Robert from yahoo bd]

The reality is absolutely NO ONE is going to provide new capital to replenish the Private Capital in a 1st Loss Position AFTER Uncle Sug as a 12 yr "conservator", in CLEAR VIOLATION of the duty to preserve and conserve the assets of their wards (what was the Net Income of the twins in 2013? Oh yeah, approximately $135B, a world record!).

Do you think people will evaluate the potential behavior of their business partner, and look at their most recent behavior carefully, especially before they start writing a check? I think so!

Everyone, ESPECIALLY the government (who set up this private capital/government partnership to begin with, to keep the $6T OFF the governments balance sheet) NEEDS TO START THINKING ABOUT WAYS TO ENHANCE THE PARTNERSHIP NOT DESTROY IT

I think some of the JPS holders are being myopic when looking at the issue (don't make me start using arguments by analogy, it unleashes the creative side of me!)