Cut Lockhart some Slack: It's The Bloomberg Reporters & Editors at Fault with their Suspicious Vendetta for F&F!!!
Folks, Mr. Lockhart, and any public official, or analysts, that Blomberg reporters calls on a phone to go "on the record" with a comment on the value of FNMA & FMCC will all have the same answer.
Think it through very carefully, please. As professionals in very public and responsible jobs, people like Mr. Lockhart cannot go on the record of recommending that folks buy F&F stock; especially while F&F is in C-ship and their fate is going through a negotiated political solution.
The Bloomberg folks know this, so they sit in their lazy chairs, and call these specific individuals, knowing what they will say before they even hear the question.
All the Bloomberg folks want is a qoute of the day to run their story. Their intent was quite obvious today because it was released over the newswires just as FNMA hit it's high of the day, of$1.75, this morning.
So, either someone at Bloomberg hates these stocks, or your guess is as good as mine, as to what is fueling this kind of shoddy -- gotcha -- journalism.
So please stop disparaging Mr. Lockhart 'cause the blame clearly falls on the individuals at Boomberg.