Fannie Mae-No Politics (FNMA)

[JosephS]

If they recap and release, it is over

As soon as they are "adequately capitalized", the divvies restart.

In my opinion, the preferred are safer due to this fact. Redeem, convert or pay divvies. Can't dilute.

Not going to be arguing back and forth. Good luck on 100 bucks or something like that. I hope you win a bazillion and win the powerball.

I invest on probabilities, not fugazi realities.

You know, "fugazi". From Wolf of Wall Street.

In Bear Stearns, they somehow got more than the dollar or 2 offered. Got 10.

Rarely do commons "run the show" in r ship, bond holders do after secured creditors. See SHLDQ. The same is true in c ship. See Commercial Federal in the early 90's. That stock didn't have warrants attached, though.

The debtholders are fine, here.

Nothing to run

Feds took over, fixed em. Released them. That is why they won't be cxld. IMO. The board agreed to it. The judges will accept that story.

I highly doubt that commons see 100 when the deal is signed. I also highly doubt the price ends at a dollar once executed.

Just the way it will probably go.

Again, I sincerely hope that you get your pot of gold

Not a recco