Fannie Mae-No Politics (FNMA)

[The Man With No Name]

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.

Which just means the FHFA has to sign off on it with another amendment. This will happen, either that or it will be decades before a release becomes possible.

You and Barron need to come to grips with reality. The NWS is legal, done and over. That money ain't coming back. That money didn't pay down the LP either.