Replies to post #645630 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Jacob P., the author of the Marketwatch article, quoted Jim Parrot's apprehension about ending the "conservatorship", BUT neglectfully left out that Jim Parrot helped engineer the Net Worth Swipe, and told his fellow travelers at the time that they would salt the earth with the carcasses of the gses!

[Donotunderstand]

would there be a line of credit without conservatorship

I thought one went with the other --- seriously !!!!

and such LOC is needed (not a conservatorship but some form of ? that is not pure market place -- i.e. not pure massive capital which is wasteful)