But will the government really step to the side or is some other scheme up their sleeves. As much as I agree w/what Bove is saying and Meredith Whitney, the wild card the government holds will influence what will happen. Fanny and Freddie are picking up the slack. Maybe the Fed can really pull back. March 31st is the end date, but we’re looking at June for what’s in the system already to work its way through. He qualifies his 15 to 20% by saying he doubts we’ll ever get a free market. Unfortunately, the government has invested so much into this already. If they abandon ship now, all the cargo of money is going down w/it.
