Fannie Mae-No Politics (FNMA)

[Donotunderstand]

I agree
Have I said anything to the contrary
Right now we have 100% of the company
GOV has WTS that convert to 4B or so shares for 80%
That conversion - if there is no SPO and no dilution from GOV-TREASURY agreeing the LP/SP is paid off by the $300B - still leaves us with 20% of the shares at the market price
Per other posters - given current earnings and say a 10-12 PE for financial company - the PPS of each of the 5B or so would be 15-35 (20-25)
I sure can live with that - and indeed that is my hope ------ "some sort" of PR related "trade" of Treasury uses WTS but kills LP/SP as paid already