Replies to post #710422 on Fannie Mae-No Politics (FNMA)

[JOoa0ky]

Tim Howard is good at some things, not so good at other things. He is probably wrong here. I think the capital rule gets finalized in the next two months and ST gets voted out of committee in the next two weeks. We are sitting on the cusp of the necessary steps being in place to begin restructuring talks so Treasury can get money for its investment that has not produced $1 since Sept 2019

TH has been at fannie since the dawn of time and they've never had a restructuring done... this would be his first rodeo so to speak.

[altruism]

So Howard agrees with me and we’re gonna finally nationalize these guys? Woohoo done deal… sounds good… ok everyone it’s over the fire is out we can all go home and get some sleep

[jeddiemack]

LOL..

The simple fact is ...

Government can make things up whenever and for whatever reason they want.

No capital rule is ever final - its just what it is at that point in time becuase wait long enough and the line will shift with the wind.

Government needs to exit these postions. return them to investors and stay the heck out of business.

but , hey, that's only temporary also...

subject to change..

how it saddens me to see how government truly works. or rather doesnt'

just greedy people using the "law" as they make it up to screw people out of ththings they'd earned.

Just like the wild west. Same game, different times and different tools... how to screw others.