Fannie Mae-No Politics (FNMA)

[sortman]

The only way to make us whole is to void the 3rd amendment. If the courts rule it is a taking it is a good possibility the remedy is to void the 3rd amendment, the Gov will then negotiate so they do not have to put cash into the twins. Write down the seniors, adjust the tier one capital, perhaps with a $100 million explicit guarantee, exercise the warrants, convert the juniors, an additional $35 million tier 1, move to the NYSE and raise an additional $75 million and they are free.