Fannie Mae-No Politics (FNMA)

[imtheshadow]

There may be only one important question at this point - does the administration want the outcome to favor WS or current shareholders? ... if you look at who put us in the mess in the first place - and WHY, the revolving door between WS and top gov't officials, the continued, full-on legal fight, the absurdly high cap requirement, the complete absence of any rrr actions FAVORABLE to shareholders and the open disdain (contempt?) for social safety net programs (e.g., affordable housing), what conclusion can you reach?

BTW, if the 11K hidden docs are soooooo damaging to Dems - and especially to Biden who was VP when the NWS scandal occurred - how come they haven't been released? Only two answers in my mind ... they are bad for too many on both sides ... or they are going to drop a bombshell just before election to expose Biden's corruption (though still not sure how they do that without risking exposing Hank and the cship take down)

Finally, I modeled a number of different scenarios and if cap requirement isn't lowered, you assume $20B/yr earnings (FnF), $30B in NWS over payment "value", the warrants are exercised as is and the SPO(s) are conducted at an AVERAGE price below $7.50, then we would easily get diluted below 5% ... all in broad day light ... do we live in a great country or what!?!?!