Fannie Mae-No Politics (FNMA)

[bcde]

"Reverse split isn't needed and serves no purpose. What's needed is Rule of Law. "

100% correct. Reverse split is done for companies that are in decline.

FnF are doing very well even under bureaucratic lawless conservatorship. FnF will do very well under private professional management.

FnF business model is based on very sound financial principles. But for mobster thieves it looks defective because it is difficult to steal from companies using constitutionally valid laws. That is why mobsters created HERA and FHFA to do what can not be done under the normal rule of law.

Once FnF restore dividends PPS will steadily climb. Only possibility of capital restoration is through retained capital. Investor are not foolish to invest 100s of billions of dollars in companies that will be used to provide unlimited liquidity to failing markets during crisis and Gov/FHFA can rob their capitals without any accountability.

Providing unlimited liquidity to failing markets is the job of Gov and not of private shareholder companies. Besides who will invest in companies that have been robbed by the Gov/FHFA during daylight.

With or without reverse split, the only hope is retained capital and there is no slightest hope that private investor will invest.