Fannie Mae-No Politics (FNMA)

[Rodney5]

Quote: “This is a 4.28 Trillion Dollar company by Ent Value. If you sold all of its assets and gave it to its outstanding shareholders including the warrants in that total that's a whopping 3,784 USD per share of common stock.” End of Quote.

The enterprise value includes the debt. Fannie reported $77.6 billion in total equity, Form 10K page 68. I don’t understand how you’re calculating $3,784 USD per share. Sell the assets give all the money to the shareholders forget the debt owed??