Top 10 reasons I'm not worried. #FANNIEGATE $FNMA

1. Conservatorship is not a misnomer. These have come before Fannie Mae and will certainly come after. The process will not be undermined. Whether you call what has been occuring a new insolvency framework or a new forced nationalization framework, it's a framework that is falling apart just like it was designed to collapse on its own weight over time.

2. Lew / Demarco / Stegman all are people who have a vested interest in living a life free from the repercussions of defrauding private investors of the most profitable and best run american businesses in existence, not to mention that Fannie Mae and Freddie Mac are run out of their neighborhoods.

3. Judge Sweeney's quotes in the court of federal claims already demonstrate the reality that shareholders will emerge victorious.

4. The most successful money managers of the world are on board or at least have a history with Fannie and Freddie. It's hard not to imagine because again these are the most american businesses there are. Present activists include Carl Icahn, Bruce Berkowitz, Richard Perry, William Ackman, John Paulson, Tim Pagliara, Glen Bradford. Buffett and Lynch are no stranger either.

5. The white house budget says Fannie and Freddie are private companies.

6. Fannie just got a new head quarters.

7. Demarco is out, Watt is in and he's got power!

8. Ted Olsen + Charles Cooper.

9. The justification for the third amendment condenses down to premature self-dealing.

Reasons not to fear the mongerers:

10. The barrier to entry into the field of journalism is an extension of the expression that talk is cheap, after all, these people are employees, not retirees/owners.