Fannie Mae-No Politics (FNMA)

[bradford86]

moelis offered the blueprint for how to recapitalize fannie and freddie..

benzinga is moelis with a twist.

the twist is when the warrants get exercised

benzinga forces the jr pfd to take a haircut on par value and the commons to take a loss

i dont own commons, i'm not expecting par on my preferred.

i think the next 30 days will be when this all gets figured out.

good luck, i'd be okay with moelis, but i think the benzinga plan is better for the government and.. so ya

i dont know exactly what is going to happen, i'm just advocating for the best plan out there, but fear the worst..

frankly, it is what it is.