Yes. I agree with you 100%. I honestly believe that all this polarized debate between "commons are worth $161.00/sh, commons are worth $1000/sh, Freddie is worth more than Fannie (and vice versa) and preferred are junk/common shares are junk is what is holding up any kind of settlement and actual release or reform. The mere announcement or "Fannie Mae is released from conservatorship" would set this on an incredible skyrocketing trajectory that would benefit everybody who has waited so long for nothing but disappointment-to-date.
Too many tweets, too many slanted videos, too many opposed blog articles, too many experts, no conciliators and no leadership from either the FHFA or the Treasury or White House to effect any resolution.
It almost seems like everyone wants to force some extreme for their own gain at the expense of someone else who then loses more. This whole mess has gone on far too long. It is entirely fair to blame the government for stonewalling any resolution, since most options entail enormous cost to them. But I am starting to sense that the shareholders, via their actions and continual additions of litigation, are beginning to share an increasing share of the impasse by refusing to compromise about anything to halt this saga, once and for all. Is all this leading to the conclusion that the GSEs can't be saved and need to be replaced entirely?
Couldn't everybody just focus on getting "out of jail" and getting on with life?