Fannie Mae-No Politics (FNMA)

[Rodney5]

We understand how the cram down works, the Treasury converts the Stolen Money into Common Stock diluting the Common Stock to 99% wiping out the Common Shareholders and then doing a reverse split afterwards selling the Treasury shares in an IPO. WE GET IT.

Thank you for explaining how the FHFA possibly will allow the Treasury to Steal from the shareholders. Possibility the greatest Naked Short failure to deliver theft in the History of Our United States.

BY CONTRACT THE TREASURY IS NOT ALLOWED TO CONVERT THE SPS INTO COMMON STOCK. THIS CAN ONLY HAPPEN IF THE FHFA ALLOWS IT.

The Truth should be reiterated as long as the misunderstanding of the Contract is continuing to be repeated on this board:

‘Wipe Out the Common Shareholders’.

I am asking every Investor having an interest in Fannie Mae and Freddie Mac to kindly, take the time and read for yourself, THE CONTRACT, link provided below:

FHFA and Treasury used a fancy set of legal maneuvers to strip both corporations of their assets. FHFA and Treasury ripped up the old agreement sweeping all of the Net Worth. If the FHFA allows the Treasury to convert the Stolen Money into Common Stock this will completely destroy the remainder of the Contract.

BY CONTRACT THE TREASURY IS NOT ALLOWED TO CONVERT THE SPS INTO COMMON STOCK. THIS CAN ONLY HAPPEN IF THE FHFA ALLOWS IT.

FOURTH AMENDED AND RESTATED CERTIFICATE OF DESIGNATION OF TERMS OF VARIABLE LIQUIDATION PREFERENCE SENIOR PREFERRED STOCK, SERIES 2008-2

FACT According to the terms of the contract:

The Senior Preferred Stock cannot be converted to common stock.
No 6 and No 7

Quote “No Conversion or Exchange Rights

The holders of shares of the Senior Preferred Stock shall not have any right to convert such shares into or exchange such shares for any other class or series of stock or obligations of the Company.

No Preemptive Rights

No holder of the Senior Preferred Stock shall as such holder have any preemptive right to purchase or subscribe for any other shares, rights, options or other securities of any class of the Company which at any time may be sold or offered for sale by the Company.” End of Quote

https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FNM/SPSPA-amends/FNM-Fourth-Amended-Restated-Certificate-04-13-21.pdf