Fannie Mae-No Politics (FNMA)

[DaJester]

@Barron - I agree with you about prior legal issues including Warrants and dividends while undercapitalized. However, assuming a warrant exercise does take place, those shares can be transferred or sold from Treasury to another entity. That could be selling back to the GSEs, to the open market, or it could be moving them to a new holding company and just sitting on them for majority "control" over the GSEs.