Fannie Mae-No Politics (FNMA)

[Rodney5]

Treasury’s Liquidation Preference calculated value is more valuable RIGHT NOW than the calculated value of the entire business! Both JPS and Common are wiped out!

The danger of the conservatorship continuing in time the Liquidation Preference continues to grow and the SPS remains outstanding. Money owed to the Treasury becomes much larger.

The prayer of relief Treasury declares Liquidation Preference paid in full and Senior Preferred Stock canceled. Turn the companies back to the Shareholders. $301 Billion has been collected by the Treasury. It’s the ethical thing to do. Therefore both common and JPS holders are made whole.