Fannie Mae (FNMA)

[bcde]

"Therefore, the only way for the government to still make money out of its "investment" is recap/release and, if necessary, exercise the warrants and/or convert the SPS in whole or in part into common shares.
"

Why would Gov care about making money by robbing FnF and not sure about what will happen in the courts? Gov can legally create money in billions with just few keyboard clicks?

The main reason for revolving door bureaucrats to rob FnF was to impair FnF and destroy them for the benefit of their cronies.