Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Some very solid points

I too do not see a 5-10 % IPO-SPO ending the conservatorship

And yes - the IPO or SPO will have to answer a bunch of WHEN questions (starting with when is the next IPO or SPO)

No surprise to readers here --- I want to learn total size. Said another way that may make it easier to understand what I want -----
When GOV says 5% IPO --- is it talking 5% in terms of ration of money coming in as a % of the value they give it ---- (think about it - that is a near worthless way to "identify what 5% is" for stock buyers)

Or will the GOV - when it issues stock to the public - finally have to say what happens to the LP/SP sword hanging over our head (Ackman hopes it is zeroed out !!!!). The Gov will have to say what happens to the warrants. THE TWO - LP/SP AND WARRANTS - WHEN ANSWERED WILL ALLOW THE BUYERS OF THE FIRST 5% TO KNOW IF THEY ARE GETTING 5% OR BEING BAMBOOZLED AS SHARES WILL KEEP COMING AND DILUTE THEM !!! (not just dilute us but dilute the buyers of the new IPO/SPO? those buyers IMO must know the intent of number of total shares and the BS). Would you buy on this IPO/SPO if you do not know the end result of warrants and LP/SP .... I would not