Freddie Mac, 8.375% Non-Cumulative Perpetual Preferred Stock (FMCKJ)

[CatBirdSeat]

A Perfect Plan From An Average Joe , NOT A HEDGE FUND.

Common Equity Shareholders Agree, Average Joe's Plan Is The Simplest & Cleanest Non-Political Presented to Date.

https://twitter.com/jemiller12/status/921198683567386624

Key Points Of AJ Plan:

1. Immediate relinquishment of the so called 3rd Amendment of the PSPA known as the Net Worth Sweep.

2. Deem the Senior Preferred fully paid and cancel the shares

3. Deem the warrants for approximately 80% of the companies Null and Void

4. Order Fannie Mae and Freddie Mac to issue to the Treasury 500 Million to 1 Billion Common Stock Equity Options with a strike price of $60 a share. This exercise price is chosen because the companies boards have the power to deem the share price whatever stock price value they want. Also, because $60 would make all employee retirement savings whole. So many employees lost their savings from the 2008 crisis. Many of them trusted Fannie and Freddie not to fail.

5. Issue Fannie Mae and Freddie Mac a capital buffer equivalent to $30 to $60 B representative of the exercisable $60 option strike price proceeds that would go to the companies upon execution of the option(s). This equivalent buffer could be reduced as the government executes its options.