Fannie Mae-No Politics (FNMA)

[Potty]

The idea that government will give away warrants or liquidation preference for nothing has surely now been put to rest

The full political establishment -- politicians and judiciary -- are opposed to hedge-fund vultures, so they will extract every penny they can

So, yes, massive dilution coming

Why do I like the JPS? Maybe cos it has contract claims, and other outstanding cases, whcih are still alive rather than long dead

But, hey, why not file a suit years are statute of limititions has passed? Sounds like another "winner" -- choo choo!!!

Tripe trains death spiral deluxe!