Fannie Mae-No Politics (FNMA)

[Donotunderstand]

serious question - just interested in your answer --- but

Do you assume a "conversion" of the LP/SP to commons - to the point where commons are say 1% of the ownership - would happen without a lawsuit -- and thus with appeals - likely a 2 year delay? I assume that current court arguments have run their course - and to my dissapointment the GOV beat us up in court after court

But if the GOV took 99%-100% ownership of Fannie - do you really not assume that common equity would sue and sue and sue and such action would not move forward with massive litigation - as THEN the arguments get cleaner and sharper on the EVIL action of the GOV - as they fully take over a private company - making a fortune of profit each year

Might I suggest - that not understanding any effort - steps to "conversion and massive dilution" by GOV (be it R or D) would take at least two years to clear the courts and the common might just win BIG and BIGGER this time ? Thus it is possible my kids will deal with some of this stock