Fannie Mae-No Politics (FNMA)

[Louie_Louie]

These are all OPINION PIECES with absolutely no hard proof from anyone that matters. It is assumptions or what some term an educated guess, or could be an agenda of some sort..... But I guess if your a jps holder you listen to whoever sounds smarter then yourself and just bypass doing your own DD.
Many remarks have been made through the years by government "off the cuff", so I take it with a grain of salt. Nothing is given since there are still too many variables to settle. I do know a few facts on dilution though:
It hurts the governments warrants if used in any way.
It hurts the share options for any involved investment bank or advisor.
It makes raising the appropriate amount of capital way harder the more you dilute.
It makes no sense to me (my opinion)
It (diluted shares) does not provide incentives for a BOD undertaking a very tough job of right sizing a company.
Lastly, common holders (new and/or old) will not be looking at a conversion for jps in any scenario (my opinion)

So anyone in the common structure has bias not to dilute. Now, JPS seem to think they are the sun, that the rest of those listed above, orbit around. This is exactly opposite of what is in my mind.