Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

It would probably be best for the Treasury to exercise the Warrants prior to the capital raise. But I'm sure the GSEs will be able to raise capital regardless

Regardless of the overhang of the warrants? Did Yellen and MC tell you that? Will new money be beating a path to invest in two Corporations with strong Government ties where the US Government pillaged their net worth since 2012, first in cash transfers of every penny of their net income into the UST coffers and lately in the form of the LP? But I'm sure new investors won't care if they have to spend $100 million plus in legal fees and a decade or longer in the courts to protect their investment from vanishing into thin air!

Nope, that's incorrect. This is directly from the newest Collins' SCOTUS filing:

Which stage of the legal proceedings do you think the Collins Plaintiffs are in? Posturing during the initial stages of litigation can change during subsequent litigation proceedings, in final negotiations if any with the UST, during any trial, and what they ask the court for when it is drafting any final court orders.

Do you think that two parties involved in litigation might consider the posture of their case differently after the SCOTUS has ruled on one or more of the major legal issues in their case?

Many of our friends realize the Jr. Preferreds will become Commons via a generous Conversion assuming Commons are going to have future value.

What day is conversion from jps to common day and what will the conversion ratio be if any?

Both common and jps have seen their personal property rights steam rolled by the federal government here, I'm just suggesting that one horse may or may not be more rewarding than the other! But I hope we ALL DO WELL AFTER THIS MOST UNFORTUNATE EPISODE IN US HISTORY OF ABUSIVE AND COERCIVE GOVERNMENTAL OVERREACH! GLTA!