Fannie Mae-No Politics (FNMA)

[ano]

The warrants were part of the original SPSPAs. It was a package deal. You can't say that the government underpaid for a specific part of it.

The warrant states “for value received”, so ones the NWS sweep is undone there no longer is value received (as it is not clearly stated what the value received is , due to the fact they no longer supply a credit line, and also they bought 1M shares with a liquidation of $1.000 per share for the amount of only $0.00001 per share, now if the government had paid 1B for it, I would fully agree and they indeed are the legal owner for 79.9% of the company.
Then of course the question kicks in why did the board of directors give away the company for no value received, and a transcript of the meeting between treasury and the board of director is due, as everybody needs to know why they did what they did, and as we are not allowed to challenge the warrant because it is barred by judicial review, now if the warrants are exercised, we receive our right back and the flow of new lawsuits can begin, and that makes it legally very difficult for the government to deal with, they want the money , but they can’t, but how to sell it to the people, how will this affect future downturns, what will investors say, will it hurt credibility, but be assured geniuses are looking deep into the 3 documents below and soon discover the catch 22

Warrant: THIS CERTIFIES THAT, For value received
http://www.treasury.gov/press-center/press-releases/Documents/warrantfnm3.pdf

SPS: Senior Preferred Stock Certificate
http://www.treasury.gov/press-center/press-releases/Documents/certificatefnm2.pdf

SPSPA : Senior Preferred Stock Purchase Agreement
https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/2008-9-26_SPSPA_FannieMae_RestatedAgreement_N508.pdf