Fannie Mae-No Politics (FNMA)

[M I A]

Either:

New investors were lied to about how safe and sound the companies were and that they Could and Should sink 100% of qualified capital into the GSEs, in order to convince them to buy preferred shares that they fully intended to steal. So the companies were horrible and we'll sell you bulls just to sell you on shares.

Or....

They were safe and sound and not lied to , but instead lied to after the fact concerning the takeover.
Being told that they weren't in good shape financially so that's why we have to take them into conservatorship.

There was a lie at some point. I wonder if pressed which they would prefer to admit to?

1. Lied to make the sell.
2. Lied to take into c-ship.

There is a third option. Admitting the truth.
Govt told the truth and gses were safe, but lied saying their new investment would be safe because they already knew they were planning on stealing. They knew the intentions of HERA before, during, and after the new preferred investors bought in.
Then were lied to about needing to place into c-ship.

Both very interesting and sickening at the same time.
Looking forward to explaining all of this away. Excuses can be made about how the gov is in control, but nothing is happening. We shareholders aren't through making a scene.

That's Just My Opinion. Kinda.