Fannie Mae-No Politics (FNMA)

[jeddiemack]

Here is the thing.

If they'd actually, just pick a plan and announce it then stick to it. I'd be perfectly content with a 5 year plan if tomorrow were day 1!!!!!!

That way we knew what to expect and then the market could react to it with expectations.

If it included...1. canceling the nws 2. voiding the warrants 3. relisting on nyse

Just get on with it already.

If Tomorrow were day 1 then we'd know how to act regarding all of this and the market would look at preferred stock and say... in 5 years they are full value with dividends, so you discount them on a yield to maturity basis... no big deal easy to do. Commons would trade at a similar discount to where the market expected them in 5 years, after years of retained earnings and future profit expectations. If after 5 years they did not have adequate capital retained, then I could see some stock offering but, they'd be for 15-20 Billion not 100 Billion.

Its all perfectly logical, if they'd get off their rear ends, make a decision and tomorrow were Day 1. When will Day 1 be?????

Come on already,