Fannie Mae-No Politics (FNMA)

[JOoa0ky]

The US Govt is screwing themselves?

Let's put YOU in the govt's shoes.

What you have: (2) options
Option A: Exercise warrants to obtain 79.9% of the commons.
Option B: Convert your seniors to commons and dilute your warrants BUT you obtain 99.99% of the commons at the end of the day.

Would you take the lesser option A?

Never understood why the US Govt would screw themselves owning 79.9% of the common stock…. Huge frickin windfall to USG…. I own both, but Jesus, Joseph, and Mary…. Doesn’t make sense….