Fannie Mae-No Politics (FNMA)

[JosephS]

The Blackstone presentation shows multiple things, including:

Treasury was informed that there was substantial value.

Both the loan loss reserves(REVERSAL)and DTA(RECOGNITION) were not some conspiracy theories, they were/are well known facts as early as June, 2011.(likely earlier) Us preferred shareholders were discussing it in the summer of 2010.

Trying to take advantage of minority shareholders has been tried many, many times.


In fact, Treasury took or is attempting to take ALL VALUE.....

From ALL preferred and common shareholders that are not them.

They even deferred the DTA accounting reversals in 2012 at fannie on purpose
This is nothing new, folks.