Fannie Mae-No Politics (FNMA)

[Wise Man]

I've laid out what the Warrant was meant to do, according to what is written in the prospectus. Related to a Housing Finance System revamp through the assault on the ownership of FnF by Wall Street and the Community Banks, paying nothing.
Just read it and don't ask why.

Why would the government give up on up to $100 billion?

Therefore, it was not related to making profits with $100 billion to fund the government.
Then, there is what is authorized in the law that you skip: A collateral. It should have been canceled long time ago. Or not issued in the first place, if it's barred in the Charter's Fee Limitation.
Quit giving the Warrant any glimpse of valid security to purchase stocks at $0.00001 and then, resell for $100 billion.
It wouldn't make it to a movie. So gross!