Fannie Mae-No Politics (FNMA)

[bradford86]

The feeling is mutual.

I have been tracking legal and admin steps that are tracking the path to end the conservatorships since 2014. So far the legal paths have not produced a meaningful outcome. I believe the implication is that the spspa — if materially unchallenged — will convert to common in this restructuring. This is backed by the annual government budget reports and the government cbo report

You believe that — based on your share valuations as far as i can tell
1. Warrants cancelled
2. Spspa unwould
3. Companies given back stolen money

Whereas i think the opposite of those three things is more of the outcome to anticipate.

You get valuations of over $300 on commons. I get worst case scenarios of $0.01 on the commons.

Agree to disagree, but my view is that there really isnt a material reason for the people in charge to facilitate your outcome whereas my outcome or close to it maximizes their position for their purposes more or less

The part i am unclear on is it sounds like there is a difference between spspa and warrants in terms of spendability. They can spend the warrants and not the spspa? That may help you not get completey wiped out. But not a gamble i would recommend