Fannie Mae-No Politics (FNMA)

[Donotunderstand]

I think you are right that such conversion is not forbidden

Yet

what if Treasury does that - but kills the rest of the SPS and all of the warrants ? And does it a PPS of 10 a share?

just wondering

I do think GOV wants to be able to combine any news about "we are free" with them ending with ADDED bundle of money

To me the easiest is selling the warrants to F and F for 20% of SPO price for F and F to extinguish them