Fannie Mae-No Politics (FNMA)

[jog49]

If it looks like a duck, quacks like a duck, walks like a duck, then in all likelihood, it's a damn duck!
The warrants look like and smell like collateral, so I'm reasonably convinced they were an element of collateral. You know collateral, that security that all banks and lenders require when you are borrowing their money.
If not, then the United States government completed the deal of the millennium! They bought 79.9% of two corporations, worth in excess of $5 Trillion, for a measly $189 Billion...and without having to get the consent of the owners. Oh, wait a minute, those strong arm tactics have previously been reserved for the Mafia. What a dumb bunch those shareholders must be!