Why would they "wind down" a profitable institution just to create another one? If they were going to wind freddie and fannie down, the government would have done it years ago. We are looking at an AIG comeback here, especially with the recent settlement that will force banks to buy back a lot of bad mortgages. FNMA will soar this next year and you will kick yourself for not getting in now.
I thought about that and asked many questions last week and a matter of fact some longs responded just like you, but it is still bugging me that there is a chance that they might wind it down as F&F still owe tax payers/gov billions of dollars. Once paid back and when then they MIGHT wind them down. I keep reading this. So, honestly I am not sure at this point.