Fannie Mae-No Politics (FNMA)

[imtheshadow]

Why is the govt still doing everything possible to thwart current shareholders when they hold the warrants?

This is a critical, and maybe the most important, question.

Is it a negotiating ploy to get P's to settle for less? I don't think P's will be bluffed that easily, and damaging P's should hurt the value of the warrants - unless that part isn't true for some very disturbing reason.

I think this is why we are where we are ... the market might believe we're heading for RRR, but they fear current shareholders might get royally screwed by the current administration (not the totally paralyzed congress) in the process.

We can retain a gazillion dollars in profits, hire consultants, debate g-fees and reserve levels, but as long as the SPS liquidation preference increases $ for $ with profit retention and the suits continue, we will bounce around in a $2-$5 trading range.