Fannie Mae-No Politics (FNMA)

[kthomp19]

I think trump has more or less pounded the table he wants the warrant money for the government and to set shareholders/company free.

His quote was that "My Administration would have also sold the government's common stock in these companies at a huge profit". The warrants are not the only way for Treasury to acquire common shares. Exchanging the senior prefs for commons accomplishes that too, while providing Treasury with even more profit than warrant exercise.

Even with warrant exercise commons will see $30 out the gate and in no time would be $50+.

How on earth do you come up with those numbers? You seem to have forgotten the possibility that the junior prefs can be exchanged for commons and that a capital raise could be necessary, causing more dilution. Simply multiplying the current share count by 5 to account for the warrants makes no allowance for any other sources of dilution.

How many other companies have $70B+ in retained earnings and a duopoly on their respective markets?

How many other companies have $300B of liquidation preference ahead of the publicly traded shares, are hundreds of billions of dollars below their regulatory capital requirements, have boards of directors with no authority and no fiduciary duty to shareholders, and potentially face no fewer than four difference sources of dilution ranging from moderate to catastrophic?