Fannie Mae-No Politics (FNMA)

[M I A]

Yes there is a way.

I did make the interpretation of a warrant exercise is what was being spoken of when calabria, mnunchin, trump made comments.

I don't support a conversion or warrants exercise. I see people say ownership of common, I make the connection to a potential 79.9% ownership of common through warrants.

No mystery. True, if somehow they did an sp conversion to common then, yes, it would also become common ownership.

BUT.....

A more reasonable interpretation when making comments that NWS was a "scam" , "travesty", "socialism", and "theft" , I would come to the conclusion trump referred to warrants and not more theft by converting an inflated LP number. And if Treasury and his man calabria were in line with him they thought so too. My interpretation and it makes perfect sense.

So, unless you have audio or video of them saying specifically WHAT was meant by their words, warrants or sp conversion or both, then this is open for interpretation.

And this is mine. So here is where I leave it.

Thanks for your time.