Replies to post #362829 on Fannie Mae-No Politics (FNMA)

[bradford86]

while it is true that they never needed the bailout, 8 years has passed

if you reverse the entire conservatorship the treasury owes the two companies $100B+ in the context of reversing out the accounting fraud as well.

do i see that happening? well if i did i'd own commons.

i own preferreds because i think FHFA broke and violated contract law

what the government decides to do here impacts how this plays out.

but, as far as owning common shares goes, how do they recapitalize?

that's the question that i haven't yet seen an answer for that makes me want to trade preferreds for commons