Replies to post #7704 on Fannie Mae Preferred S (FNMAS)

[feralcomprehension]

Everyone should re-read TFud's post (reproduced below for your convenience).

It's a pretty succinct summation of the current situation politically.


"that is why it is important to get 5th ammendment money into the tsy before these guys figure it out. once tsy accepts money from a profitable company, i think the geni does not go back into the bottle. i think that is why demarco is still holding back the big bucks. once he can stick tsy with money, they stuck. don't forget CBO said fnf not profitable til 2021 or something crazy like that. congress thinks it has plenty of time to break up fnf."

[mikeb001]

let's watch our hedge fund buddies do the dirty work for us.

with exception of housing risk, limbo is the only thing that will keep this from going to par.

w/o conservatorship, fannie alone would be in the $100 bil in market cap.