Fannie Mae-No Politics (FNMA)

[Louie_Louie]

All these pref holders saying MC will do a capital raise IPO are true idiots. MC doing this amounts to Warren Buffett running a coney Island. The financial advisers will be letting MC and SM know what steps to follow, and I'm sure that step number 1 is not a capital raise. They won't be bothered with that when a BOD is perfectly capable of handling it. SM and MC have other things they will be needing to do.

Pref logic is if they (SM or MC) say they "may" or "its possible", it becomes God given law and they will personally be doing it.