Replies to post #405979 on Fannie Mae-No Politics (FNMA)

[whipstick]

Impossible to justify given the demonstrated profitability.

[lijianch]

My bet is that the government does not want to wipe out the common share holders because of the warrant.

Government can purchase FNMA/FMCC common stock at 0.000000001 per share. This warrant will expire 2028. If they issue IPO, I am not sure that the warrant terms will be grandfathered.

Of course, anything may happen.