Fannie Mae (FNMA)

[sortman]

FMCC has 3.2 billion shares outstanding. FNMA has 5.8 billion shares outstanding. The Gov. converts for 79.9% approximately 35 Billions shares issued. This totals 44 billion shares. If the juniors are converted at $1.50 that adds an additional 22 billion shares. Total 66 billion shares. Do a ten for one reverse split = 6.6 billion shares. Issue 9.3 billion shares at $15 each to raise $140,000,000,000, we have 16 billion shares for a $300,000,000,000 company = $18.82 value per share, and they start paying a dividend. Current shareholders have been diluted 94% and pre split shares are worth $1.88.