Fannie Mae-No Politics (FNMA)

[imtheshadow]

So is this the right construct for the JP crowd? ... they need dividends to be turned on again to restore JP value ... so they only need nws voided PROSPECTIVELY (they just need it to stop to start recap) ... then push for a RAPID recap via massive common dilution, instead of retained earnings, that would then allow dividends to start sooner than later ... and they don't care if warrants are exercised ... if that is basically correct, then Tim P (and maybe even Tim H) might not give a damn about commons ... is that a fair characterization?