Fannie Mae-No Politics (FNMA)

[imtheshadow]

Kthomp, thanks for the post. I agree that paying off the "loan" would not increase the net worth as assets (cash) and liabilities (the loan") have been reduced equally. However, one could make the argument that the MARKET CAP of f&F should increase by a significant, or possibly, equal amount. However, market cap is NOT paid in capital which will be needed to recapitalize the companies - but the increased market cap will make it a LOT less dilutive to do so. cheers