Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

It is up to Treasury to determine how existing shareholders are treated, Calabria said. He reiterated that his focus is on ensuring Fannie and Freddie raise enough capital to survive another downturn.

From the Bloomberg interview.

So it is up to Treasury. No questions or comments regarding the legal issues. “Massive dilution” can be a billion more shares to 9 billion more shares with annual earnings of say 10 billion. Pick a shareprice ...