Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

"You're either with us or against us" -- Preferred Holders. Bunch of Hedge Fund pricks. Berkowitz is fully taking advantage of the Receivership talk. It's possible he is even the one pushing it to his advantage while he presses his Short Common position.

I think we need a lawsuit against Berkowitz. He's causing too much damage to our image. In his most recent shareholder update, he advocated for other Preferred holders to short the GSE Common stock. It just doesn't seem fair to us Commoners.

The Average Joe Plan is clearly the best plan out there -- I mean, who doesn't want $1,000/share!? Unlimited up-side for us Commoners while Preferred holders get nothing. They either get "cancelled" or have dividends halted indefinitely. Poo Poo Preferreds can take a hike. Capital Structure be damned!


Ohh wait, never mind, this is a RECAPITALIZATION. Scratch the above. Preferred 100% and no other options. Buy Commons at sub-$1 or after they get diluted into oblivion via the Mnuchin Dilution Solution (trademark) aka MOELIS.

Not a recco