Replies to post #259196 on Fannie Mae (FNMA)

[malebaboon]

Zargis - I agree about a 'win' in AIG trial. The cases are very similar and a win in AIG for shareholders would pump up the price and give more reason for government/treasury to come to the bargaining table. We'll see on that one. My opinion was more to the point that a legal win forcing the government's hand isn't absolutely necessary, the government's hand can and will move based on pressures other than the courts - market forces, political forces, financial forces, etc.

Everyone recognizes that conservatorship is a temporary condition, the only issue is how temporary (it's been six years) and what will release look like when it happens?

MB

[Patswil]

it has been conspicuously quiet from the AIG trial

BTW--long AIG too ==common with warrants also---warrants were awarded to all shareholderS as of a certain date a few years back

[Patswil]

sorry---unrelated to FNMA

AIG
For those of you unfamiliar with the warrants, they were issued back in January 2011. The following are the most significant provisions: A strike price of $45 and an expiration date of January 19th, 2021. An anti-dilution adjustment for dividends paid by AIG above $0.675 in any 12-month period


http://seekingalpha.com/article/2255353-aig-warrants-or-aig-common-shares-an-update-on-the-math