Fannie Mae-No Politics (FNMA)

[Here I am]

The Warrant will NEVER be exercised.
The redacted version of a Washington Mutual's 8-month-old brief was filed yesterday highlighting that the Board of Directors of Freddie Mac was coerced into accepting the Conservatorship one day before the start.
It coincides with the day the BOD approved a section in the bylaws opting out of an anti-takeover measure than would have banned the Warrant, without two-thirds shareholders' consent.
The common stocks will open sharply higher today. More info here.