Another good job Fosco. Im very happy to have you on the "dream team" of fannie shareholders. We have 5 of the best starters in the World: Berkowitz, Ackman, Epstein, Olsen, Fosco. Notice that Reid, Warren, Obiterdictum are backups. Chessmaster did not make the dream team, but, Im sitting on the bench in case of injury to the backups or starters. Nader is on the team in charge of the media. Those crooked politicains dont stand a chance against this team.
"Waterstone has been shorting Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) for the better part of a year, and at one point it was the fund’s largest position. Last summer Waterstone also reduced its short position to focus on short term bets to better exploit the stock’s volatility, calling the trading “ridiculous, irrational, and extremely speculative.” "
This is the smoking gun we're looking for. Can you provide a trail on how you found this, in detail enough so that the proof is clear and undeniable. Then all of us can send emails with this material to our senators and representatives.