Fannie Mae-No Politics (FNMA)

[jeddiemack]

The big problem here is that once again T Howard does not address the simple fact that the warrants will have to be resolved before any third party money is raised.

The warrants will have to either expire worthless or be tendered back to the company to make the capital structure work.


Treasury / FHFA will have to become shareholder friendly to make this work. Otherwise they'll face a daunting up hill battle. Only real way to do that is to settle, pay homage and do what is right.


While gov't will outlive everyone so they are in no hurry, but eventually, they'll figure it out.