hedgies believe they can buy congress. I believe they can and are doing it right now imo.. congressmen and women that get elected to serve the taxpayer are easily bought off. fannie and freddie will remain and live to fail again. I bought at .82 because just for the short time housing market looks to be getting stronger and the hype is large to make money before the collapse again. PLACE YOUR BETS THIS IS A WINNER SO FAR.
They are in and now that they have control expect big volume and sideways movement. Don't forget to sell in big steps & buy back in big steps. The more times it moves the more money they make follow them both up & down.
$$$$ and Big $$$ is the influence of all things in Politics . There are many Politicians , both Democrat and Republican Parties that have Shares in FNMA/FMCC and they all want to see the same results of releasing the GSE's to the Public . It will take $$$ and Big $$$ at that to get the GSE's released from the dirty grips of the Government . It's only a matter of time and time is getting closer and it will happen .