Fannie Mae-No Politics (FNMA)

[gmac8625]

All interesting points, thanks for sharing. Two things I thought about that I think are related. Does ackman become cover for the admin to delay their plan for ipo...meaning they take his path and articulate the rest as you stated. But more interesting did he signal to the public for the gov to exercise the warrants as a mouse trap of sorts?  It shows good will and intent to be diluted for the sake of the taxpayer, all the while he doesn't believe they do it knowing the optics and scrutiny to follow if they try and put Bessent in the Fed chair. He also likely knows that if those warrants are exercised lawsuits will follow no matter what. Instead they mark the asset following an uplist and cancel the warrants with the exception of 5%. Option two they exercise the warrants, sell 5% and lock the rest away permenantly reinstating a juicy dividend for the taxpayer. Win, win with a wild share price (plus the cap gains coming back through treasury in both 25 and 26 would be wild). Here's to dreaming