Fannie Mae Preferred S (FNMAS)

[bradford86]

"Order Fannie Mae and Freddie Mac to issue to the Treasury 500 Million to 1 Billion Common Stock Equity Options with a strike price of $60 a share"

LOL,

for two companies making $20B/year that's a 25-50x valuation for an uncapitalized company paid by a government agency that doesn't want to put money into two companies to somehow put money into them, moelis is better

fannie and freddie are reprivatized via moelis, whereas this poster doesn't merit serious consideration on planet earth. lol.

100% hubris
100% won't happen
100% back to the drawing board (won't happen, poster doesn't understand how capital structures work, so it's not like poster even knows why this plan is doa/defunct/weetawded)

anyway, laugh it up.