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Federal National Mortgage Association Message Board

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  • donggui_jiang donggui_jiang Feb 1, 2010 11:05 AM Flag

    Does Uncle Sam need his money back from FnF

    It is very important for Obama to get money back from FnF. It may be the most essential matter if he needs a second term. They can claim to have inherited a mess. But people will not tolerate any excuses too long. From today's budget report, you could tell they cannot afford to keep FnF on the government's book because Uncle Sam could not afford it. Keeping FnF afloat is the only way to get paid back in time. Killing the currrent investors is like killing the chicken for the eggs.

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    • I hope you are right

      I agree in part

      I think BO needs to show he is pursuing the 100B - and keep the markets positive about role of GOV

      Excercising the 80% warrant for the in essence debtor in possession financing IMO is the best for the WH

      Best for us is 100% ownership of a strong FNM

      Worst for us is GOV taking it all

      I settle (and say it is a fair bet and fair action) for 20% of a futuer FNM priced at 50 bucks a share

 
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