Fannie Mae-No Politics (FNMA)

[The Man With No Name]

I appreciate your concern that Commons can be worthless, if the 79.99% warrants are exercised, the LP is converted into commons, the JPSs are converted into commons, etc. But, what if the NWS is ruled illegal. Then, there is no more LP, no more warrants (as no more loan) and no JPS conversion. Then, Commons can be $60-$70 again.

Where does this fairy tale come from? If the NWS was ruled illegal (it was already ruled legal in Collins), you'd still have the warrants plus $193 billion and $33 billion ahead of commons. J H Christ the nonsense.