Fannie Mae-No Politics (FNMA)

[pauljon4]

Of course. Any recap will be through the issue of new JPS shares. New JPS will purchase at par, dividends will be restored. Old JPS will be restored to par value with a 40% reduction of shares, so that the perception of greedy hedge fund preferred share holders is not an issue. They will also have their dividends restored, and everyone wins and is happy. Old JPS can vote until their little hearts are content, but this is the only workable recap plan.
Enjoy and spread the good news.