Fannie Mae-No Politics (FNMA)

[FFFacts]

Please let me know which of the above facts you dispute. Also please provide your justification for $5 valuation assuming law and order prevails.

I have already provided you with the reference in the SEC documents regarding the deferred g-fees. Your multiple is also inconsistent with that of a utility-like company with a federal charter limiting their business models.

There is case law that in the event of government takings of a corporation the shareholders are entitled to the value of the stock the day prior to the takings. If you believe a takings occurred in the day before conservatorship on 9/4/2008 you are looking at the closing price of $5.10 with the low being $4.65 form Freddie. If you believe a takings occurred the day before the NWS on 8/16/2012 you are looking at a closing price of .30 for Freddie.

Sweeney did well by dismissing direct claims otherwise under the law that would be all that would be entitled based on the legal theory of a takings under the 5th.