Fannie Mae-No Politics (FNMA)

[chessmaster315]

Its becoming clear now what will happen. It all makes sense, finally.

Ok, so Fannie shareholders over paid the treasury about 50 billion.

On the other hand, there is about 54 billion in DTA's that could be written down.

Do you see where Im coming from? Those DTA's could offset the 50 billion overpayment. Poof! We are even (almost). FAnnie shareholders get their company back, and the 50 billion overpayment amounts to taxes (DTA's).

This is a win win senario. Taxpayers get to keep the 50 billion overpayment. Shareholders get their company back, and future profits of about 30 billion per year. This 30 billion per year will recapitalize this company, and, we should be able to see dividends again in a couple years. 30 billion dollars, per year, will make almost any company healthy again, and pretty soon. Why, if my income was 30 billion dollars per year, I think I would get financially healthy fairly fast, wouldnt you?
IN other words, its over a billion dollars every 2 weeks. We just need the government to stop robbing shareholders blind. Fannie will do just fine once we get our company back. With an income of 30 billion a year, we could borrow money if necessary, but it probably would not even be necessary.