Fannie Mae (FNMA)

[Rodney5]

bradford86 Quote: “I am focusing on the administrative reform angle and If the nws is valid, the restructuring will be spspa converstion plus warrants.” End of Quote

So, we as a nation are at the point of no ethics of standards be it in government, journalism or business. Write about and help promote theft by encouraging the senior preferred stock conversion to common stock wiping out the common shareholders, The attitude, 'Just give me my money.'

First off, the Net Worth Sweep is not valid it is stealing no matter what some government appointed judge has to say about it.

Administration reform?? The GSE's business model, simply there's no better. What part would need to be reformed?? and the restructuring of equity would be stealing from the shareholders.

The conservatorship can be settled were each holder of equity in the companies come out to some degree satisfied. The Junior Preferred and the Common Shareholders do not have to be wiped out. Treasury has taken roughly $150 billion more than it could have received under the original 10% dividend. If the Treasury would deem the liquidation preference paid and the Senior Preferred Stock canceled the companies common stock and preferred stock both could be relisted on the NYSE and trade at fair value; the companies could turn to Wall Street with a Secondary IPO replacing the Treasury's backstop.

NATIONALIZED

RIGHT NOW THE LIABILITIES ARE ON THE BOOKS OF THE U.S. GOVERNMENT

The Congressional Budget Office (CBO) considers the conservatorship as Unfunded Liabilities, this is liabilities not added to the national debt but debt the U.S. States Government has said we will pay. THE U.S. Government has Nationalized Fannie Mae and Freddie Mac UNDER THE HEADING OF UNFUNDED LIABILITIES.

Former Secretary Treasury Hank Paulson Quote: “Nationalize them”...
“If we had not Nationalized Fannie and Freddie” Time 0:48

Link: https://www.bing.com/videos/search?q=hsank+paulson+said+nationazied+Fannie+mae+youtube&&view=detail&mid=15B845388A6B3F5FF99715B845388A6B3F5FF997&rvsmid=B7B8605AA635E875E8AEB7B8605AA635E875E8AE&FORM=VDRVRV