Fannie Mae-No Politics (FNMA)

[camaro4me]

Gov't won't exercise the warrants but they do exist.

FnF could purchase those warrants and:

1) exercise them on the open market raising the $150-$200 Billion Otting said was needed over the next 6-18 months

2) give some warrants to common shareholders for loyalty reward to FnF

"2. Fnf buy back warrants at reasonable price. "

No, No, No, No, No, No ……..for so many reasons. You know they extorted these warrants at a $0.00001/share conversion price which was the mother of all highway robberies. $44,000 for 4/5 of Fannie and Freddie? I think NOT! The warrants were collateral and have been fully satisfied.