Fannie Mae-No Politics (FNMA)

[familymang]

This is incorrect. The common shareholders are literally being tricked into thinking they have upside in the these separation of powers cases. I tried explaining this to you a dozen times by now but you refuse to understand / acknowledge something so basic.

ALL the separation of powers suits (Collins/Rop/Bhatti) are being funded purely by JPS holders (these are the guys paying Cooper & Kirks bills), and all these cases are asking for either conversion or writedown of snr pfds. Make NO mistake about it, the JPS holders funding these cases have reveled their hand and they are happy with conversion (they are literally asking for it as remedy option). So if they win and government offers a conversion option, they will not think twice to throw common shareholders under bus as they have ZERO fiduciary responsibility to protect the interest of any common shareholders. You are literally suspending belief that that the JPS shareholders that are funding the separation of powers suits will out of the goodness of their hearts stand up for common shareholders when they have nothing to gain from it. I've warned you about this before and you refuse to acknowledge this obvious conflict of interest that goes against common shareholders. Good luck