Fannie Mae-No Politics (FNMA)

[imtheshadow]

bcde, you and others raise many legitimate points based on FAIRNESS but, to date, the gov't has not given us ANY reasons to think fairness will guide their decisions. To the contrary, they have openly lied and exposed their scheme to FULLY steal FnF from shareholders - and, for the most part, the courts have supported them, giving them the cover that all is within the rule of law. I've got 50K pre-cship commons at $6, but I'm trying to be realistic ... Trump AND congress are DESPERATE for money (huge deficits, the wall, etc.) and WS remains FULLY committed to take as much business from FnF as possible. Trump will gladly crush a few thousand shareholders in exchange for bragging to tens of millions of voters that he "saved" FnF from ruin and generated hundreds of billions for tax payers while doing so. Remember, truth absolutely does NOT matter to Trump - and he will certainly claim this is the GREATEST turnaround and protection of taxpayers EVER! Yes, there is some like between the value of the warrants and the fate of common, but without reversing the NWS, the gov't already has a home run, so getting much less on the warrants could be very acceptable. Either the courts given us some leverage or commons may not see much upside from here. Remember, possession is 9/10th of the law ... cheers