Fannie Mae-No Politics (FNMA)

[Louie_Louie]

If we are zero, then so is JPS. It's not a bankruptcy though, never has been. A taking, plain and simple. How many times has it been stated that commons/JPS own the approx 20.1% and government seniors and warrants the other 79.9% ?

You can not be 20.1% of zero. Government can not be 100% of 79.9% without adding the liability to the debt. The conservatorship has had fraudulent agreements take place, which are being challenged and may yet still be challenged.

The restructure began in 2008, and is approx 100 billion to date. The capital rule will be lowered - watch. This is not a typical bankruptcy, nor restructure. It never was a bankruptcy, or, like all other bankruptcy's a judge would have been appointed. The GSE's never filed for bankruptcy, neither chapter 7 or 11, so pushing this uphill as being a restructured bankruptcy or whatever you guys are deeming it now a days, is incorrect, big time. Government has stated shareholders own 20.1% and I've seen absolutely zero from any reputable source saying commons are zero and JPS ate rich, or vice versa.