However, if obama through Mel Watt - and his lead in the treasury (the triangle of power so to speak), make a new amendment in agreement with berkowitz or other majority share holders in silence, then, release the GSEs under said agreed terms... via an amendment or other methods.
Obama can easily tell the nation of sheep through an official announcement that 'I have saved housing for all of you.' and he will be believed and hailed as a hero by those who have not performed research into the matter. Regardless, it will go down in the history books as the Obama administration saving our mortgage industry.
This, is what I am expecting. Why?
First, the Obama administration along with most of the government will be utterly embarrassed on a global scale should it be told by a federal judge to shut up and do what it's told. Then we have another curiosity. Why else would Obama have been so keen on not only Mel watt, but also Jacob Lew being put into office?
Obama went so far as to break / change the rules for 60 minimum / majority voting so Mel Watt could get into office. There is a reason for this.
This is what is known as a conspiracy, and, by no means do I believe that after the repealing of the stock act that Obama had any intention of destroying either company.
Coincidentally, the stock act gets repealed roughly a month after Fannie Mae declares $59 billion quarter last march.
Anyone here believe in coincidence? I do not, because, everyone has their own reasons and the universe just seems to move along and mix them together the best it possibly can.
Too many of these 'coincidences' mean a conspiracy is in the act.
Be safe, this will be a $100+ stock in time for share holders diluted or non-diluted - NOT because I want this, but because there is no other path for the mortgage industry to grow further, and, the universe has planned this for some time.
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