Replies to post #787284 on Fannie Mae-No Politics (FNMA)

[HappyAlways]

It did sum up the situation extremely well. When did Bruce say that ? It’s sad, but it’s true. SCOTUS turned an blind eye to a clear case of illegal taking of private property. Anyway, we still get Trump. Hope he is able to make it to presidency again. But, no more Mnuchin please.

[naveedkhan]

Bruce must not understand the capital stack.

[FOFreddie]

Thanks LuLeVan - the most significant part of the quote may be what he said about banks.

"It's uh, so normally I would be a very heavy investor in banks today... but how do you invest in a business where again one regulator on one panicky day can take your assets away from you?" It seems he is saying that Collins has much larger ramifications for back door Nationalizations of banks?

Can say the same thing about NY Real Estate and maybe Delaware Corporations when it comes to politicalization of local judges and judicial systems?