Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

JPS Converted - 100% False

They don’t need to do anything for a long time in terms of capital raise. Liquidation pref down to 0 is as much as we can hope for. Worst case is they let FnF retain more profits.

Biden certainly isn’t going to give JPS some cushy conversion.

Geez, only a couple months ago you were doing ur touchdown dance. Recall? “I’m better than yoooouuu ...” was basically what u were saying.

Don’t worry, you’ll have your day in court in 2022.

Sleep well!