Fannie Mae-No Politics (FNMA)

[Louie_Louie]

I thought someone posted there was only like 30-35 billion JPS at par value? Where did you get 90 billion?

I proposed something like this before, but with 35 B for JPS and I pitched between $25-35 common buy out. Although Ackman set a price range for commons way back and is still realistic. Something like $24 to $47 a share (guessing here).

A buyout and re-IPO is probably the best solution, But government would possibly lose having board seats and a new charter would be needed.