Fannie Mae-No Politics (FNMA)

[DCBill]

Guido, If I am wrong (since that happens to old men), I'll apologize, but--as part of HERA--I believe that the Treasury, at its option, has warrants to buy 79.9 % of both GSEs' stock.

If it happens, it might be as part of a larger end to "Conservatorship."

Depending on the F&F share prices should Treasury exercise those warrants, it would generate over $100 billion.

The higher the common price, the more Treasury would get.