Replies to post #312892 on Fannie Mae-No Politics (FNMA)

[LongWoolyWilly]

Seventy times seven. It takes a lot to crack a hard ***

[955]

What if the new Mulvaney or other bill combines F&F into one NEW company based on CSP?

How many times must I repeat this to you? You can't do an IPO on an already trading stock even if the commons are wiped out the preferreds would still be trading...just because a class of stock is wiped out, it doesn't mean you can do an IPO...

[Sogo]

Was he referring to a secondary offering? No IPO is possible because of the "I" meaning initial. It would have to be a secondary offering. Or it would have to be something else entirely, such as what they did in the case of GM. And that, as we know, is not very relevant to us.