Fannie Mae-No Politics (FNMA)

[kthomp19]

$1.44 per share !! Really, for all the people that had shares long before this train wreck started and have lived through this nightmare,and then you give the lion’s share to the new shareholders who have no skin in the game !! Please , whatever you are smoking must be strong !!

I knew this response would come from somewhere.

It's a total logical fallacy: you don't like the conclusion therefore the premises and logic must be wrong.

What existing (and past) shareholders have been through will mean absolutely nothing when it comes to how FnF's equity is divided up later.