Replies to post #700659 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

or else you may as well sit back for 20 years because not a damn thing is going to happen without a restructure of the capital.

I don't mind waiting, corporations and governments are technically perpetual in duration. I have charities and others I can transfer my private property rights to (e.g., the Pacific Legal Foundation would be an interesting choice).

Some principles in life are worth waiting for, like knowing whether or not our government ultimately decides that greed and retribution are more important than doing the right thing.

You guys got any other angles besides instant recap/dilution solution/administrative bankruptcy?

[Louie_Louie]

Capital is building by billions each qtr (2-5) & capital rule will be lowered. What's left to restructure? They've been restructuring the businesses for 13 dam years! So you're saying after FHFA supposedly fixing these companies for 13 years they're gonna release us and say ooops, we need to fix more stuff. Lmao. I don't think so..... they have said many times certain cap levels would need to be met BEFORE release, so were is the need to do anything at all with current commons or jps? It's only a matter of what government does with their holdings. If they do the right thing, all is fine. If they decide to get greedy, we are all somewhat screwed, won't matter what you're holding. The goverment is an equal opportunity screwer.