Fannie Mae-No Politics (FNMA)

[imtheshadow]

So far, NO ONE has stood up for existing shareholders except a few judges. Why only a few? Because the rest have bought into the Big Lie, so they twisted the law beyond recognition to support it - which is why I thought MC's comment could hurt us if it in any way perpetuates the Big Lie in the minds of judges yet to rule.

But what I find the most perplexing of all is the warrants. The warrants should align the gov't with existing shareholders - yet the gov't still fights us tooth and nail. Some say its to strengthen their (gov't) negotiating position, but they are already entitled to 80% of the common. So, what, the gov't wants even more while trying to settle the law suits (which we all assume is needed for RRR and to maximize the value of the warrants)? Ain't going to happen. So IF its true that the interests of current shareholders are indirectly protected by the warrants, everything should work out (notwithstanding the complete travesty that we lost 80% of our company in the first place). BUT, we better hope the govt's total unwillingness to stop the suits is only for appearance sake - and not some indication that they have figured out a way to screw existing shareholders while preserving the value of the warrants. Doesn't seem likely, and more lawsuits would follow, but the conflicting interests of the lawsuits and warrants is really perplexing to me. cheers