Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Wow! That would be great IF conservatorship was spelt r e s t r u c t u r e.
Also keep in mind, many like myself have been in this Conservatorship for 14+ years, so many here are just as much a pro as yourself. Now, if ya wanna really talk bankruptcy/restructure then I assume this is not the place, sorry. Every quarter capital is added, so what will the story be at the end of 2024 when we are at 150 billion? 160 billion? More? Still restructuring? Lol don't think so.

The companies operate much differently than they used to and will keep changing the way they operate due to HERA, so it looks like restructure every 4 years a new admin gets elected, or whenever the wind blows a new FHFA head in the door. The restructure of operations here is a joke mostly, but I wouldn't say the same about billions going towards recapitalization.

Also....no one has explained how capital structure matters IN CONSERVATORSHIP. Here's a giant hint, it doesn't. Will it after release? Maybe, but by then commons will be at $10+ just based on release.