Fannie Mae-No Politics (FNMA)

[Potty]

Calabria said "shareholders will be heavily diluted" in the offering -- so Calabria does not just say there won;t be a windfall, he also explicitly says shareholders will be heavily diluted...

As people rightly emphasize here -- facts matter. It is a fact Calabria said shareholders will be heavily diluted... FACT

Thanks for noting that -- it comes right at the end of the interview and could not be clearer