Fannie Mae-No Politics (FNMA)

[jeddiemack]

lol...

the government paid.... nothing for the warrants the took.

nothing...

zero..

nada

blank.

goose eggs...

the 1/10000000th of a penny is the exercise price to be paid for a single share of 150 dollar stock.

its why its clearly a 5th amendment taking. The exercise price is not at fair value.

Fair value when the takings occur which is when they are exercised, which lambreth has already said, not a taking until taken. Thus that claim is not ripe.

So, what is the fair value of the companies that collectively earn near 20Billion per year on 2billion outstanding shares? Around 150 a share. Pay that... and its fair value. 5th amendment says, pay fair value or its a taking...

Remember the money raised goes into the company so, the raise for warrants at fair value are by definition not diluitive.