Fannie Mae-No Politics (FNMA)

[bradford86]

"The shareholders will be heavily diluted when we raise capital." --- last minute of the video. i time stamped 495 seconds in but when you click the video to play it plays from the start --- so skip to 8:15 into the video... and consider yourself educated

he pointed out that it would be up to mnuchin whether the spspa liq pref would be forgiven or sold, but --- at this point there is no legal challenge against it, so ... there is no legal reason why it wouldn't be sold.. "heavily diluted" is how that works in excess of just the warrants. commons have no security