Replies to post #704862 on Fannie Mae-No Politics (FNMA)

[FFFacts]

You are certainly correct, but it beats a kick in the head.

A kick in the head or in the nuts still hurts.

I guess they could always give it back to the Treasury to reduce the liquidation preference.

They did it for a reason because they had a plan but that plan could change though.

Looking forward to the confirmation hearings - she needs to be grilled on ending the conservatorship.

Believe so not sure what committee she will go in front of but if Rand Paul is there he will likely talk about that. When are the hearings?

[Donotunderstand]

they keep cash but write the IOU

the one BIG HUGE way we can win ---- after this DJT SM MC smoke and mirror magic trick is if - say 3 or 12 months from now - via court or via negotiation - the GOV drops the LP on Seniors to zero

In that event the cash kept is all GRAVY

right now its - what is up my sleeve magic with no real meaning