Fannie Mae-No Politics (FNMA)

[Wise Man]

**Our negotiator responds to the ICBA's blog post**
(Tweet below)
Notice that the ICBA President stated in 2010:

It's estimated the Community Banks own between $15-20 billion in GSE junior prfd. shares (42%-56% of total outstanding), and affects to almost one third of the 5,000 Community Banks of the Association.

The internet link to the letter no longer works:http://www.icba.org/files/ICBASites/PDFs/ltr031210.pdf
So, either through the Warrant clause 2.1 (stocks at $0.00001 assigned to any Person) or a flawed "restructuring" (JPS should be wiped out first), it's all about the sacking of FnF paying very little or nothing at all.
A $4.8 billion penalty on each counterparty ($1.94 to a $50 par value JPS and a common stock), the DOJ and those peddling the government theft story in formal documents, plus the most annoying accomplices on social media, would be the necessary accountability embedded in the Rule of Law.
They still don't get why a dividend is suspended in undercapitalized enterprises.

Another shameful post like in 2011,when it called for the sacking of FnF:"Infrastructure, including personnel,...transferred to new co-ops".
Pro 10%div/Warrant(BARRED: Charter's cheap UST backup/Collateral)
Adj.$-216B Retained Earnings. Rehab?@ICBA is owned by GS &Co.#Fanniegate https://t.co/H3CQuphnTL pic.twitter.com/iJYrCGrGAd

— Conservatives against Trump (@CarlosVignote) September 6, 2023