I have written in the past what a disgrace Fannie and Freddie are.
tradersutra.blogspot.com/2009/07/girls-are-better-then-boys.html
tradersutra.blogspot.com/2009/07/stop-housing-is-bottomed-talk.html
Well there is talk from Moody's that Fannie/Freddie likely will be wound down.
Ginnie Mae will have more responsbility going forward, which is much preferred.
GNMA over FNM/FRE
Shiela Blair over Geithner
Mary Shapiro over Bernanke
Girls are better then boys.
www.bloomberg.com/apps/news?pid=20601087&sid=abdjRIEF33yw#
Then why in the world is FRE and FNM equity have any value?
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