Replies to post #657708 on Fannie Mae-No Politics (FNMA)

[krab]

Believe it and live with it !!!

[Commons_Cancelled]

T-Minus 2 weeks. That's all the time left.

We need action within that timeframe, or it's Curtains for all GSE shares.

SCOTUS can't overturn Sr. Preferreds, and they make recapitalization impossible.

So either Mnuchin writes them down by 1/19, or the GSE trade is over.

[jog49]

"Hard to believe MC/SM will do nothing"

Oh come on Penn! You couldn't possibly think Mnuchin was put in his position to do anything; and especially to help shareholders, do you?
Really?
And Mnuchin was all for hiring the academic Calabria because he knew MC would only trip over his own feet and have no sense to do anything to release the GSEs from government servitude!
Keep the water muddy. That's all one of them ever intended to do; with a willing pawn to assist and too dumb to know he was being used.