Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Government/FHFA need to let the companies buyout jps right now, at like 25%-30% of par. Many would jump on it since the JPS traded over the years have been low priced. Consolidate that debt. They'd get rid of a lot of the JPS shares, possibly close out many. Those who would not accept buyout terms, make them junior to any newly issued preferreds and ineligible for any dividend, like they are now, relative to seniors. Those saying their JPS contract matters are not learning much from the courts or from those in Congress who hate the idea of enriching any hedge fund. Does it fly against capitalism? Sure, but that's the dysfunction that is our current government.