Fannie Mae-No Politics (FNMA)

[Rodney5]

Page 105 Quote: Regulatory Capital Requirements we had positive net worth under GAAP $82 billion. EXCLUDES the stated value of the Senior Preferred Stock $120.8 billion.

Short fall of $243 billion of available capital (deficit) to the total capital requirement.

https://www.fanniemae.com/media/51196/display

This wipes out both Common and JPS, not sure how no name thinks the JPS somehow has a saviour over the Common Shareholders. I believe if the crime syndicate wipes out the Common the JPS are gone too.

As for wise man hatred towards everyone on this board thinking he’s the only person that understands the LP is legally and properly accounted for in a distant footnote far removed from the make believe consolidated balance sheet, fact is numerous investors on this board has pointed this out for years. Mr Howard dedicated a whole writing on the fact. It’s not a secret. .

Barron, I appreciate your contribution to this board.