Fannie Mae Preferred S (FNMAS)

[rosen62]

So I think if you were to value what that guarantee is

"so I think"

means, it is just a thought. A mental exercise.

"value what that guarantee is"

is,

187 bill in Sr. preferred shares at a 10% dividend rate plus 79.9% of the company via exercise of warrants.

That's it, Mr. congressman. There is nothing to *think* about. That is how the provider of the guarantee valued it.