Fannie Mae-No Politics (FNMA)

[blownaccount9]

Unfortunately I think GS and a number of other banks paid their loans back too and still had to repurchase the warrants back at whatever price the government said more or less. I just don’t know that we can get away with absolutely 0 dilution. If there isn’t dilution what is the governments reason to bother releasing them if they aren’t unlocking a few billion for themselves.