Replies to post #28624 on Fannie Mae-No Politics (FNMA)

[geo58]

AMEN!

[rjanderson383]

Oh, and just to inform.... when large institutions want in, they just don't put a 10 MILLION Dollar order in on one day.

They put small amounts in day after day after day in order to not dramatically drive up the pps.

My thoughts to those who may fear.... WATCH L2 and U will see some large orders hit the market. :)

[buckeyefan1971]

You are correct and these big banks are going to have a say (with Washington Bureaucrats) in what happens to Fannie and Freddie. These banks give many dollars to politicians. Do not think for one minute that their influence will go unnoticed.

[IL Padrino]

I think the charts are going to be deceiving since there's more than just technicals driving the SP. We have the political limbo going on which is what's holding this down. But I don't see how these companies can be treated any different than AIG, or the banks, and I foresee the govt eventually selling off their shares and C ship ending. Possibly by next year.
My main concern though is Obama using this cash cow to compensate for his failed policies so it looks like he's driving the economy in the right direction, but in reality, it's being kept afloat by FnF.