Fannie Mae-No Politics (FNMA)

[Forrest Gump Luck]

Looks like Gov is holding cards for settlement. Warrants/liquid pref are bargaining chips and gov not going to just let them go.
There is going to be some BS offer, that reads as generous in a crappy news article. buyout at a “100% premium” (aka 4bucks).
My fear is that gov can excessive warrants, sell warrants on condition buyer agrees to 4$ then they have 80% of the shares voting for 4$.