Fannie Mae-No Politics (FNMA)

[jeddiemack]

Yes,

Its really simple to what extent did treasury / fhfa act outside the scope of conservator. The NWS is obviously giving away 100% of the current earnings or equity; while the warrants are a giving away of 80% of the future equity or value of the company for near zero consideration.

Question then if taking it all is wrong. Is taking 80% also outside the scope?

Probably yes.

So, warrants die on the vine.