Fannie Mae-No Politics (FNMA)

[jeddiemack]

Ultimately control and ownership over 20% is key. Yes as low as 20%

Here is how...

Since government's executive branch exerts control through fhfa and they have warrants for over 20% of the common stock ownership which are "in the money - ie. the exercise price is less than the share price" while they've chosen not to acquire the interest, they are deemed to have done so for this purposes of consolidation (and outstanding share count) and have all of which would be required for consolidation.

Why they've not added this to the national debt is because they don't want to... the 79.99% being less than 80% is really irrelevant.