Fannie Mae-No Politics (FNMA)

[sortman]

Most likely scenario;
Convert JPS to common at par at current price, 111,111,111,111 shares issued. Then convert warrants to 80% outstanding, 451,676,792,444 shares issued. Forgive SPS. Now 564.6 billion shares outstanding of which 1.8 billion share are original stock. Gov owns 80%. Fanny and Freddy sell 564.6 billion shares in the open market to raise $125 billion. Gov now owns 40% and sets the twins free.