Fannie Mae-No Politics (FNMA)

[stockanalyze]

that is why it will be status quo. no one will put up money unless there is any hangover and if not listed meaning all lawsuits gone, all legacy shareholders are crushed and new shareholders get everything. they are delaying so everyone leaves or declare bankruptcy as soon as downturn hits. not being pessimistic but there isn't reason for hope. both exictinf jr pfd and commons are toast imo. for ackman, it is less than 0.5% of his portfolio like a lottery ticket.