Replies to post #1935 on Fannie Mae-No Politics (FNMA)

[RDG013]

It would be far eaisier to have the govt use some of its bailout funds to actively buy FNM and FRE on the open market. First, it would do more for the economy than giving banks money to hold in reserve, far more! Second, it would make it easier down the road for the govt to privatize if they take some shares of the market at these low prices. Finally, the increased PPS of bot h GSE's would have a direct impact on many financial institution bottom lines as they are still holding a good chunk of both.

BTW, what happened to that PR from last week that stated this would not happen?

[Phisherman]

Well if Eddie and Goldman are okay with it, so am I. I dont think they will need to, or will do a R/S. It wont change the market cap, and that is a problem for many financial institutions. There are many more reasons why this will go way up from here, and the lower it goes there becomes less reasons for why it will drop further. I think we hit or come close to our previous low then boom. Just my opinion, but since you are offering yours, then I might as well share. GLTA(except shorts)

[bewildered]

NYSE or OTC or Pinks, it will still come back since it receives monthly mtg pymts from loans that are still solvent.