Fannie Mae-No Politics (FNMA)

[Rodney5]

The real reason the dishonorable want the existing common shareholders wiped out.

The People calling for a cram-down use the term

‘LEGACY COMMONS’

Quote: “New investors want the existing common to be diluted as much as possible The more dilution, the more money for the new investors. Leaving anything behind for legacy commons (more than what is absolutely necessary, which might be a nickel per share) is what would be stupid.” End of Quote

Our Friend said it best,

Quote: "benefit all as opposed to the enrichment of the few and dishonorable." End of Quote

Real reason, If the legacy common are wiped out the naked short outstanding position of the Market Makers goes away. The Market Makers do not have to cover the COUNTERFEIT SHARES.

COUNTERFEITING

INFORMATION FROM: U.S. Securities and Exchange Commission web site.

The counterfeiting of U.S. assets. Theft from pension funds, State employee retirement accounts, and U.S. Citizens. The counterfeiting of shares of Fannie Mae and Freddie Mac. Where are our regulators and who are they protecting?

Quote: “Without the counterfeiting of the GSEs shares and the concerted effort to manipulate the stock prices, the GSEs potential to raise significant capital would have been much greater and it is unlikely that the U.S. Taxpayers would be the conservators of these companies at this time. This report shows why this is true and that illegal sellers of the shares of the two GSEs made a vast sum of money taking down these companies to the detriment of the U.S. Citizens. This report names who the key market participants are in the trading of the GSEs.” End of Quote.

Link: https://www.sec.gov/comments/s7-08-09/s70809-407a.pdf#:~:text=Fannie%20Mae%20and%20Freddie%20Mac%20are%20publicly%20traded,was%20occurring%20in%20the%20trading%20of%20the%20GSEs

THE TAKE DOWN

The Market-Makers Naked Short of Fannie Mae stock into oblivion, created the sense the company was bankrupt too big to fail and would destroy the U.S. Economy if something was not done. Afterwards, forced the company into a takeover (nationalization) making the company write off the deferred tax assets creating a huge loss to further the appearance the company to be bankrupt in an attempt to never ever allow Fannie Mae to return to profitability ever.