Replies to post #13706 on Fannie Mae Preferred S (FNMAS)

[JosephS]

Surprising that they ran this on Christmas. He understands that it is likely that the new structure will involve 6-12 home loan re-insurers. He is going to keep turning up the heat while Ackman works behind the scenes. Vinegar and honey strategy.(Berkowitz-AKA vinegar, Ackman-AKA honey) Love it. Course the gov't is going to delay as long as possible.