Replies to post #819114 on Fannie Mae-No Politics (FNMA)

[PirateHero59]

MC may be good for share holder. Please read his co-author paper published on 2015.

https://www.cato.org/working-paper/conservatorships-fannie-mae-freddie-mac-actions-violate-hera-established-insolvency

[jog49]

He had to be hired so who hired this moron?

[RickNagra]

So in a nutshell Calabria is now working full time at the OMB.  His role appears to be collaborating with both Treasury and Housing which means FHFA.  In other words Calabria will be directly involved in the release process.  Whether you like it or not this is happening.

[EternalPatience]

Yes we shd be. Capital rule of 4.5 is not coming down now

[JSmith5]

He was most recently a Senior Advisor to the Cato Institute.

Cato - Wasn't he buddies with the Green Hornet? I thought he looked like a comic book character. The CATMAN?

Now it all starts to make sense!

Nats

[JSmith5]

Should we be worried ?

Only about our investment.
As I said previously - he's a double edged sword - but mostly positive. At least he's part of the release team.
On the negative side - someone needs to take the "4" key off his keyboard. Maybe 5-9 while you are at it.

Nats