Fannie Mae Preferred S (FNMAS)

[brandemarcus]

Here is how it ends according the new modified CW bill that I anticipate.

1. Government Court victories.
2. Government liquidation of old legacy fnf -put into recievership as government gets 186 billion plus the 187.5 billion plus earnings for 5-10 years. Hedge funds don't even get one dime as the great populist leader Bob Corker predicted and government gets 250% return. Republican president so perhaps we can start a war with that money or a new tax cut. If Democrat, I'm sure we will find something to spend the 200 billion on.
3. New fnf with name changes plus same old structure. New ipo to raise capital-banks rewarded with shares in the new gse's. 2021-2025. I wonder how this does but that's just crazy me. Who am I to doubt the genius of Bob Corker and Mark (30 to 1) Warner. Mark (30 to 1) Warner new ceo of Jimmy Stewart Mae and Ed Demarco new ceo of Ronald Reagan Mae. John Carney will be head of public relations for Reagan Mae. On second thought I would be crazy to not invest in a new ipos led by a man who can get 30 to 1 returns or the man who turned around the old gse's on behalf of the taxpayers- improving real estate market and not needing most of the funds had nothing to do with it.
4. Perhaps 5-10 billion in wasted transition costs in changing the names other expenses , but well worth it to not reward greedy speculative vultures etc. 20 billion in legacy profits also funds a new quasi government housing program quasi private agency run by Mel Watt with private sector salary.
5. This is probably the plan, although I will have to check with Mark and Bob. I will let the board know when I get confirmation. Don't worry this is ok to leak unlike any of that nasty Tim Howard discovery stuff. Once this plan get out , I expect a dramatic rally in the stock market led by the banks. How could it not when you know that 30 to 1 Mark will be in charge.