Replies to post #775625 on Fannie Mae-No Politics (FNMA)

[nagoya1]

In gse pref reservership… is that a place where failed servers go to retake their lessons. Glad to see how one recycles themselves.

My view….has been altered by all the skateboard falls on my head.


Fnma

[Clark6290]

It is amazing receivership is on the table, but indeed it is. I can only imagine all the folks here losing their $10K life savings.

[KenKong]

Then even there you are wrong.

[TightCoil]

No, just YOU

[Ace Trader]

Only in Chapter 7 everyone gets $0, In chapter 11 ( most common) debt holders get paid there debt if there’s enough $$ and there’s plenty . Any left over would go to common shareholders.

[Wingsjr]

There will be No receivership; 7+ Trillion would immediately be shown added to our National Debt. No President is going to allow that to happen. That was the reason Bush chose CS instead of RS.