Fannie Mae-No Politics (FNMA)

[Donotunderstand]

If Treasury agrees that FnF have paid down the SPS, Treasury still owes them over $30 billion in overpayment of the 10% dividend.

I am not greedy and securities law is securities law

GOV - Treasury has every ACCOUNTING right (not moral right of common sense right) to call every penny sent from F and F to Treasury a dividend. As such in an accounting sense - the GOV can always claim all of their "investment" still belongs to them and is not paid down

IMO - the GOV can declare the investment paid down --- it just can -- AS IT IS the investor and the investor can say - you owe me nothing. DONE.

At that point I am not in a hurry to look a gift horse in the mouth. WTS and a few Billion are weights on our shoulders that still leave us that day - with at least $20 a share.

Again - GOV can argue in any court that we - equity owe them a fortune. I want - wish - hope - they call it paid off - but that is for them to do for political or economy reasons