Replies to post #64711 on Fannie Mae-No Politics (FNMA)

[jackticker]

"According to the report, Senators Corker and Warner would see Fannie and Freddie liquidated within five years, with the U.S. Treasury taking over GSE mortgage guarantees, and "liquidation first would go to the U.S. government as the senior preferred shareholder in each of the companies, and then to holders of junior preferred shares, followed by holders of the common shares."

It is very significant that senators of both parties are finally taking all classes of Fannie and Freddie shareholders into account."

http://www.thestreet.com/story/11940986/1/senators-give-hope-to-all-gse-shareholders.html

SO WHY WOULD THIS BE BAD FOR THE COMMONS? WITH TRILLIONS IN ASSETS, NO DOUBT THERE WOULD PLENTY OF LEFT OVERS FOR THE COMMONS IMHO

BOLTA

[dlamarche001]

If Cramer said it...!!

[recolect]

What's a twit?

[BurntToast]

I think he meant twat.