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Re: navycmdr post# 588079

Monday, 01/20/2020 4:44:00 PM

Monday, January 20, 2020 4:44:00 PM

Post# of 795833
"Fannie/Freddie Investors were stripped of ALL their rights
priveledges/voting upon the IMPOSING of the Conservatorship
which transferred to FHFA ....
so they HAD NO ABILITY TO CHALLENGE the Warrants ..."

JTH is a pro JPS holders (or Pro moelis). So JTH is in favor of UST benefiting from warrants. Basically UST warrants deprive FnF the ability to recapitalize easily without wiping out CS.

JPS holders' (moelis) plan is to convert JPS to CS after wiping out the current CS holders.

There is no way FnF can recapitalize with UST exercising the unlawful warrants. It makes no sense financially. Exercising warrants will destroy FnF and it will be total loss for JPS and all CS holders including UST.