Fannie Mae (FNMA)

[Donotunderstand]

Where is that written -- seriously - where is it written that if F and F pay back the full Senior Preferred "infusion" that the warrants go poof

That has been "said" before but as far as I know - nothing is contingent on "nothing"

Gov has those warrants and can choose to exercise or not

There is no --- "only if" provision to the ownership and exercise of the warrants

(Here - I would love to see where in writing it says I am wrong)