Fannie Mae-No Politics (FNMA)

[jeddiemack]

Brande' you don't get it.

For Freddie

$10Bil in profit.
800M shares outstanding

1. Cancel the swipe
2. Cancel the warrants
3. Recognize the SPS paid off (they'd had repaid all the money plus some) that was forced on them.
4. Settle the lawsuits. Use the overpaid funds to do it with. But make the lawsuits go away.

This will raise the common's to fair value.
Issue 300M shares and put enough capital on the books.

Use the money raised to generate $12B a year in Net income.

Have EPS of around $12 per share.

Then work on redeeming other preferred shares out of Earnings over time.

Do this and everyone wins, Government, Taxpayers, PFS and common and employees.

Its so simple.

Greedy people and government just needs to get out of the way and stand down.