Replies to post #278183 on Fannie Mae-No Politics (FNMA)

[mike_usa]

I think it's not 8 billion. It's 80%. 1.15 billion are outstanding which is 20%. So 80% means 4.6 billion. So total shares are 5.75 billion. But as per many here the warrants are not valid. Thanks.

[Donotunderstand]

why 8 if F (Fannie) alone is 1.2B outstanding - I think

so it would be 4-5B of Fannie issued

my sense is we would own 1/5th not 1/9th

??