Replies to post #431762 on Fannie Mae-No Politics (FNMA)

[stockprofitter]

Warrants are dead. The govt will not excersize them as firstly they will be pummelled with lawsuits and secondly at .0001 excersize provides peanuts on capital for Fannie Mae.

[Donotunderstand]

Maybe my math is way off

but if F and F "have to buy back" the Senior Paper the common stock is not worth a lot

the swap would be an agreement

Money paid as dividends already extinguishes the SR PAPER but leaves the warrants