Very unhealthy sign ! Lowest volume since May 7, 2013. Volume was low for the two weeks before that. I do have one question though: What happened after that ? Then earnings came out may 8 and for fnma May 9 and the volume and price seem to have changed after that. As I said before it's all meaningless noise. You can see one thing and somebody else can see something totally different.
I can read that treasury document you refer to and think it calls for only a restructured fannie and Freddie and the wind down only refers to the held portfolio to 250 billion. Jack Lew had no comment specifically saying he strongly supports the third amendment and no money to the old shareholders. That's the bottom line not what page Obama is turning to. Maybe the new earnings report maybe such a shocking chapter for him , he might decide to go back and reread. There is a lot of talk in that 2011 report about not quickly winding down fnf. Look what happened to the stock prices on the day it came out.
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