Fannie Mae-No Politics (FNMA)

[FOFreddie]

You are right Chessmaster. As Trunk mentioned the important point is that FNMA issued $2.25 bn of common stock and another $ 4 bn plus of JPS in May which is 60 days after the UST Barrons article plant on March 8, 2008

Here is the Offering Circular which also details the par value issue you discussed.

https://www.fanniemae.com/media/26181/display

Stock was issued at $ 27.50 60 days after UST sent the basis for "nationalization". What is $ 27.50 plus loss dividends since 2008 worth per share?

Look at the Underwriting Syndicate - wonder if anyone at one of these firms knew that UST wanted to nationalize and wipe out the value of shareholders who were purchasing the shares issued on this Offering?