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Post# of 865597
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Commons_Cancelled

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Commons_Cancelled

Re: ZZ Fannie post# 619336

Thursday, 07/09/2020 3:52:43 PM

Thursday, July 09, 2020 3:52:43 PM

Post# of 865597

Gov't might settle. If they lose they're f*cked


The inverse is also true, at least for Commons.

If we lose, the SCOTUS decision is final and Sr. Preferreds can be Converted to Commons.

Which pegs FNMA at ~$0.50, probably closer to $0.30


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