Fannie Mae-No Politics (FNMA)

[imtheshadow]

Seriously? New investors would LOVE a low IPO price ... though, as I have stated many times, that would also be counter to the warrants - unless the gov't has figured out a way to screw current common while preserving the warrants. I have no idea if that is even possible, but how many would have guessed that two of the largest, most profitable financial institutions could have been forced in cship, with adequate capital, and then forced to issue 80% warrants and 10% non-repayable SPS, see the NWS enacted and find themselves in cship 11+years later? What kind of smell test would have caught that? All of this, and much more (multiple court losses, 11K hiddent docs, etc.) simply go to show that nothing is certain when it comes to the ultimate resolution of this for CURRENT shareholders. cheers