Fannie Mae-No Politics (FNMA)

[Donotunderstand]

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Give one example ??

If I understand your point --- ? -- if common are killed - who will invest in the new common?

answer

Everyone

Think Sears - think AIG

old common killed (100%) or diluted big time --

lots of people interested in investing in NEWCO that likely has shed a ton of debt and stuff

In 11 - there are 1000s of examples of DEATH (over - gone - worthless) old common stock and the company rebrands and sells new shares at good prices

Likely a daily event

???