Fannie Mae-No Politics (FNMA)

[blownaccount9]

Honestly, fine by me. Leave us $15-21B and I’m happy. That correlates with $13-18 a share which is good in my book.

Reality is that would be a strong outcome under blue management. Red is far more rule of law/ownership rights and I’m thinking we end up with 20% of the company at a minimum.

I am still a tremendous fan of my dream scenario where they just exercise all warrants at a $3-5 strike to complete recap and release. That would put us at $30ish not counting the added billions from the cash added from warrant $ which would be $13-22b. If they went $3-5 on the strike.