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With a total reserve of about $9.4 billion, Fannie Mae would have a capital cushion large enough to protect the company's balance sheet should it face a severe housing market depression or have to restate its financial results in connection with the recent accounting investigations.
But certainly those who would make a movie about it face a difficult choice.
"People love solar, but we required you to own a roof" and that it face a certain way, said Mr. Burke.
Australia needs a government that can take difficult decisions when forecasts of budget surpluses are turning into deficits, and a bit of inspired leadership to help it face a trickier future.
Not only did it face a far higher burden of proof, it also pre-empted Andersen's ability to restructure under the leadership of a committee headed by Paul Volcker, a former chairman of the Federal Reserve Board.
The Germans, who entered the hall telling everyone that they are in the event to win it, face a strong African challenger in Ghana, an athletic opponent from Australia, and a wily one in Serbia.
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Without fresh bail-out money, it faces a chaotic default on its public debt.
"But it faces a huge problem as its rivals are offering cheaper-priced devices".
It faces a choppy few weeks until its election.
Instead, it faces a drubbing.
Now it faces a slowdown.
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