Replies to post #1720 on Fannie Mae Preferred S (FNMAS)

[CatBirdSeat]

All we have heard from this bureaucrat has been vague BS statements. What is sound and solvent? Three quarters of profits, a year or more of profits, or net investment fully paid back?

[europegoodold]

If I may ask, do you consider this quote as a hint/proof that Mr.DeMarco changed his mind since his statement from February 2012 ("The Enterprises’ losses are of such magnitude that the companies cannot repay taxpayers in any foreseeable scenario")?