Fannie Mae-No Politics (FNMA)

[jog49]

"“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”

Why not just make the exercise price ZERO since the 100,000 shares/dollar was so terminally, laughably ridiculous. I would have bought Fannie Mae myself if the government would have sold at their so-called "exercise price".