Fannie Mae-No Politics (FNMA)

[Potty]

I am not a newbie, but let me say a couple of things...

First, no one is going to speak for you since in settlements the major holders get to sit at the settlement table. So Bill Ackman will be speaking -- for you or not, whether you like it or no.

Second, saying the warrants were "collateral" is just false. There was a contract and warrants were given as part of that contract by FNMA/FMCC to Treasury. That was part of the renumeration to Treasury for offering 187 liquidity.

Luckily for you, people with more sense will accept the warrants BUT also accept shares in a RRR FNMA worth $23-47 a piece... Lucky you.