Fannie Mae-No Politics (FNMA)

[Potty]

Houlihan Lokey are professionals you pay for their service -- if you think their fee is big then wait till you see what they pay the book runners for the offering... But you cannot do without the services of these folks, so you pay up - same as your realtor and attorney

As to the HTZ scenario -- in BK court the bond-holders routinely undervalue the assets to cut out classes and push up their take. I am encouraged by the Judge allowing the offering -- this at least gives a chance to common. If business picks up, then common have chance

I would not buy HTZ, but I admire this BK judge for going this route