Fannie Mae-No Politics (FNMA)

[Lionscantwinagame]

Agreed. Ackman stated the three things to take place was SPS deemed repaid as it should be, government exercises warrants, and both are uplisted. A change in the ERCF to something realistic such as 2.5% as well. The government would then sell off its stake over several years. Thats the part he stated would take time and it seems everything is being twisted to make it sound like the entire process would take years. The only thing to take years would be the sell off of the shares the gov gets from warrants. Those three steps he mentioned were something that could be done quickly still meeting the November timeline and would immediately revalue the share price.