Fannie Mae-No Politics (FNMA)

[FOFreddie]

Hi Kthomp

I think you are assuming a whole lot that could be very wrong. Time will tell.

There are going to be three different financial advisors - Holihan Lokey and one each for FNMA and FMCC. Probably three different law firms. Perhaps additional advisors and law firms for Special Committees.

Additionally, it is most likely that the UST has the same economic interest in raising capital with the least amount a dilution possible.

We will see - for potentially the largest capital raise in history yor are assuming an unprecedented disregard for shareholder rights and just plain pragmatism to assure a successful capital raise. Is there a part of HERA that gives the FHFA the power to disregard shareholder interest without a rational governmental benefit?