Replies to post #691190 on Fannie Mae-No Politics (FNMA)

[The Man With No Name]

I have an idea....I've been listening to the turds in the government. That's why I own millions in JPS. Furthermore, I have an extensive background in bankruptcies and a lot of what will happen to get this moving out of conservatorship is analogous to BK re-orgs. Treasury is stuck. If they want to reap any more profits they will have to voluntarily convert.

[Donotunderstand]

define a nationalized utility ?

why not a very regulated utility that is privately owned where GOV got tons of cash for warrants

I am old enough to remember 100s of STATE by STATE public utilites - but all (but maybe TVA?) were private

A private utility regulated by the FEDS --- best for them too