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Tuesday, December 19, 2023 11:24:10 AM
Day before the warrants were awarded Fannie Mae Commons closed at $7.04; Freddie Mac at $5.10.
Two months before the warrants were issued, Fannie and Freddie themselves said that the Fair Value of their common equity was NEGATIVE.
Yet, Jim Lockhart agreed to give away 79.99% of the corporations for a mere $76 thousand.
He did far worse than that. It's funny that you focus so much on the warrants.
Let them try to exercise the the warrants, I'll sue.
You will sue, you will lose, and I will laugh. A tip to save you some embarrassment: courts don't accept lawsuits written in crayon.
It's good to see that you're not counting on Bryndon Fisher to amend his case anymore. By the time Treasury exercises the warrants his case will finally be totally dead.
Did you even own common shares on the day of conservatorship?
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