Fannie Mae-No Politics (FNMA)

[Barron4664]

Thanks LuLU

I agree one hundred percent with what you say which is why I haven’t called kthomp19 out personally for years. That all changed when he posted the below:

“Treasury Secretary John Paulson... Would he dilute the shareholders? Hrmmm...


Absolutely. As much as he possibly can. He owns a lot of juniors but no commons. If he becomes the Treasury Secretary then a senior-to-common conversion would benefit him in an official capacity and a junior-to-common conversion would benefit him in a personal capacity. Doing neither would not benefit him at all.”

Those are his words. He believes it is perfectly reasonable for a government official to act immorally and unethically and in the case of the above, criminally. Sorry that I offended anyone on this board. But, the above is an example of using the gov to steal from us and give to someone else. Corruption at best, communism at worst.