Fannie Mae-No Politics (FNMA)

[The Man With No Name]

Hahahha....no dude, there aren't any pros here. And I never said I was a pro, I just have decades of experiences with restructurings. You need to understand something. It does not matter to commons how much capital is added since the SPS liquidation preference is going up in lockstep dollar for dollar. FURTHERMORE, since the GSEs portfolios keep expanding, SO DOES the capital requirement.

Do you honestly think that after 14 years of screwing shareholders, the government is all-of-a-sudden going to ONLY dilute commons by 80%? I don't think so.