Fannie Mae-No Politics (FNMA)

[Patswil]

Sent to :[e-mail] for Tuesday Webinar

We know that the $180 billion was taken off TBTF banks books and put on FnF balance sheet--which thus caused them to be insolvent. Larry summers spells it out 55-56 minutes in--BY STEALTH!

26. Learning from and Responding to Financial Crisis II ...
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Financial Markets (ECON 252) In the second of his two lectures in honor of Arthur Okun, Professor Summers points out that real interest rates have been very ...



FnF had , I think $60 Billion , in liquidity at the time and could have weathered any turmoil that faced them. The shareholders have been decimated as a result

When and how soon will we be restored? The balance sheet is currently $10 Trillion

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11004915

How can you justify a PPS of $1.68------It should be :

PPS shd be $234.00 $16bill/1.16X P/E 17==$234.00
$16Bill Rev/1.16 bill shares X 17 P/E= $234.00 @SpeakerBoehner @TheJusticeDept
Of course this doesn’t take into consideration any subsequent PENALTIES
$46/share….perhaps after a 5//1 forward split–warrants are invalid
the biggest variable is what the P/E should be

P/E is variable---floating target===could be a lot higher--like 58

p/e==58...thus with my previous estimate PPS of $234/$3(EPS)=58

Net income/outstanding shares * P/E multiple==PPS

thus 16/1.16*58===PPS of $799.00

PPS shd be $799.00 $16bill/1.16X P/E58==$799.00

$16Bill Rev/1.16 bill