Fannie Mae-No Politics (FNMA)

[familymang]

All is all, all shareholders will be on equal ground once this cramdown takes place, as they will all own common equity after conversion and share equal priority in the cap table. The only difference as i explained is the % ownership. Thanks to cramdown dilution, common will be left with scraps, and 99.9% will be split up between SPS and JPS (with SPS owning 90-95%, JPS owning 5-10%, and common owning <.01%).

separation of powers suits

I'll stop you right there, these cases are 99% mostly all dead with no remedy in sight, i follow them bc im a masochist these days (arent all GSE sharholders?).