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FOFreddie

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Re: Robert from yahoo bd post# 756234

Tuesday, 05/30/2023 11:25:52 AM

Tuesday, May 30, 2023 11:25:52 AM

Post# of 803844
FNMAT was offered to the public on May 13, 2008 by a underwriting syndicate led by Merrill Lynch. 80,000,000 shares were issued at $25 per share raising $ 2 billion of new capital for FNMA.

https://fanniemae.gcs-web.com/static-files/d2ff8e7f-ff59-479f-ad54-fe135914569c

Remember the Jason Thomas Memo regarding the Barron's article where he stated that GSE shareholders would get wiped was on March 8, 2008 nearly two months before the FNMAT offering. Did Merril Lynch know about the Jason Thomas Memo? Jason Thomas was the Special Advisor to GWB as part of the NEC and the Memo was written to the Under Secretary of the UST.

Maybe Mike Kelly also purchased some FNMAT from Merrill Lynch?
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