Fannie Mae-No Politics (FNMA)

[jog49]

"Govt gets their 79.9-83%, always remember that govt vig, and we get our 20.1%?"

But....the 79.9% is nor "THEIRS" to own. The warrants were taken as collateral (as is done with any loan ever made in the U.S.A. since its inception) and that loan has long ago been generously repaid. The clowns trying to steal your corporation want you to buy their bull shit argument that it was an investment. The day in reckoning, Fannie was trading at $7+/share and the government priced their warrants at 1000,000 shares for $1. The worst case of mental illness at any asylum in the country would not have agreed to such a deal but the government thought the shareholders would agree to such nonsense. They strongarmed the BOD to agree and bypassed allowing the owners (shareholders) to make the determination, by vote. Now I have to read that some of the newbie investors think it alright to let the government have its way. Really? They want to steal your corporation!