Fannie Mae-No Politics (FNMA): And he set them on the path to become re...

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bradford86

Re: navycmdr post# 766434

Monday, 09/04/2023 1:29:37 AM

Monday, September 04, 2023 1:29:37 AM

And he set them on the path to become reprivatized again by enabling them to retain earnings. You seem to overlook what he did do because he did not make you rich. In my view he solved the problem by setting them on the right track. You just dont see it and frankly it is obvious you don’t understand it

And he set them on the path to become reprivatized again by enabling them to retain earnings. You seem to overlook what he did do because he did not make you rich. In my view he solved the problem by setting them on the right track. You just dont see it and frankly it is obvious you don’t understand it — or value it. And why should you? The way he did it kept the nws which continues to increase spspa liq pref.

Warrants will be exercised and I expect the SPSPA to convert to common. Common thus have no security. Preferred will be made whole.