Fannie Mae-No Politics (FNMA)

[YoYoMa57]

I dont think they excercise the warrants.

Why? Calabria said the NWS is illeagl. And isnt following Hera. The article today says he signed off on the plan and thus I just dont see a libertarian signing off on that...maybe partiL warrant excecersise equal to 2 years while they build capital, through IPOs and offerings...i dont see that as bad for common at all and your logic is skewd...to entice buyers? You can get in on the ground floor of 2 of the most proftable companies in the world.

Having said that, IF the warrants are not excecised, I see this happening for fannie...all JPS convert, IPO TO raise 50 billion, 30 billion in reatained earnings (about 2 years)...or something similar to depending on the cap rate