Fannie Mae-No Politics (FNMA)

[familymang]

I never said common stock will be wiped out, and to be clear I DON'T believe that will happen. But i DO think they will be massively diluted via snr pfd conversion (very different from wiped out).

Either way, that's a prediction of the future, which may or may not come true. While you are arguing about how the terms of the PSPAs work, which are already factually settled and isn't up for debate. What you're doing is trying to argue 1+1 = 3, when its been already proven to you to be = 2 time and time again (by people in this forum and judges that have already ruled on this issue).

And your precious Epstein that you keep incorrectly keep referencing had his opportunity in court to present his arguments and lost and was never heard from again. I wonder why.