Fannie Mae-No Politics (FNMA)

[big-yank]

Here's a clue for you on warrants and constitutional protection. Go back to August of 2008. Look @ Fannie Mae's market cap. Fannie exchanged 79.9% of common equity for $100 B in bailouts from U.S.Treasury.

Looks to me like Fannie got a hell of a deal. And it looks to me like Fannie common investors got a hell of a deal by getting to keep ANYTHING at all, let alone 20.1% of the entity as it survived and recovered under conservatorship.

JMHO.