Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Excellent point. Lawsuits get settled with Preferred Holders, Bankruptcy is filed, and all shares get cancelled. Newco IPOs with new shareholders and FNMA becomes FNMAQ and, if shareholders are lucky, they get tossed into a new LLC -- similar to how WMIH was created for WAMUQ holders.

This seems like the most likely path forward at this time. Unfortunately, this is a Lose-Lose scenario for Average Joe's.