Fannie Mae-No Politics (FNMA)

[jwrober]

not sure why you think that news in any way implies the complete zeroing of the current shareholders. do you really think true "privatization" of these firms means 100% takeover by private interests? I'd love to see that even attempted to be accomplished, the balance sheets are just too big.
I think you may be confusing the terminology. The distinction is between private/government....not private/open market equity which is what i believe you're thinking of.