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Re: Guido2 post# 794099

Saturday, 05/18/2024 12:35:27 PM

Saturday, May 18, 2024 12:35:27 PM

Post# of 798051
isn't it then illegal for them to take warrants at $0.00001 ? or does the comment below only applies to exercise price? it is kind of unfair to take 79.9% at $0.00001 with 300 billion already taken

“The exercise price was set at the average of the stock price during the 20 day period preceding the day that Treasury granted preliminary approval to participate in the CPP program”

https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FNM/warrant/Fannie-Mae-Warrant.pdf

https://home.treasury.gov/news/press-releases/200962612255225533