Fannie Mae-No Politics (FNMA)

[Lionscantwinagame]

Might have to do with the absurd number of shares created so that the government can bilk more out of this bastardized conservatorship. Or the fact that the government will maintain a heavy control in the companies post "IPO" and past shareholders were unjustly deprived of all equity. That shareholder rights don't amount to anything. Wasn't Fannie Mae sold by the government in 1968. Now they want to graciously sell 95% of the companies all over again. I honestly don't see much interest for 10s of billions of new shares in a highly politicized company where the past shareholders were deprived of all value for 17 years and then flat out robbed at the end. Can't see a massive valuation placed on them following that or an "oversubscribed" share offering.