Freddie Mac-No Politics (FMCC)

[CatBirdSeat]

Everyone Needs To Read This. Treasury Has Been In Charge Since 2008. Warrants will Never Be Executed.

On page 48 (from 2008) clearly shows that the warrants will NOT be exercised!

“The intent of Treasury is NOT to exercise the warrants that provide 79.9% ownership. The purpose of the warrants was to drive the stock price down to next to nothing. When the government steps in to aid a publicly traded entity it does not invite fair trading. The Treasury wished to freeze the market for this stock and the warrant accomplished that goal. They have no voting interest and only own an option to own the entities.”

http://files.fasab.gov/pdffiles/oct08mins.pdf