Fannie Mae-No Politics (FNMA)

[bradford86]

i'm expecting preferred to convert to common

craig phillips talked about it

people hired by trump insiders (moelis) planned it out.. treasury set up that framework.

a judge?

okay, why should preferred shareholders settle for less than par plus damages in the lamberth contract claims lawsuit?

assuming that's the settlement, how do they get paid it?

look, this is a restructuring, simply put. commons get to keep their shares.. the amount of capital that needs to be raised is TBD, and when are we going to see them hire a FA? what on earth takes them so long to get anything done? beats me. but at least now they aren't stealing the money

you make a lot of statements?

am i afraid to buy commons? no.

but that doesn't mean i should buy them.. i'm not afraid of buying and selling anything in the stock market.