Fannie Mae-No Politics (FNMA)

[familymang]

The question is whether common shareholders would have the incentive to start future litigation if the UST ever tries to monetize its stake and right now it looks like the UST believe its stake is worth $ 224 bn and common equities stake is worth $ 1 bn - isnt that correct?

I just dont see on what grounds this would even be possible. Think about it logically, no one has ever successfully contested the ownership of the snr pfds or warrants as illegal, but the exercise of those stakes would somehow be illegal? So it's legal for the government to own the snr pfds and warrants but illegal to exercise them. It makes no logical sense and I doubt it would be a consideration of the government bc of how fruitless an argument like that would end up being.