Fannie Mae-No Politics (FNMA)

[Donotunderstand]

folks

explain

this (SPS conversion to common ) suits the government (it then gets about $100 billion for itself, which can be used for affordable housing),

???????

why is that better than it kills SPS for money paid and uses the WTS to raise the same amount of money at $20-$30 a share and we common also have that price with no SPO needed as SPS is dead