Replies to post #471335 on Fannie Mae-No Politics (FNMA)

[bcde]

I have asked five or six times and you have yet to answer: how does the Moelis plan benefit prefs over commons? It envisions a 400% return for prefs and 400-700% for commons (the infamous $8-13 range). If anything that benefits commons over prefs.

kthommp19,
it is not about making sure that both classes of investors get benefitted by the same ratio. It is about doing it correct way so that all laws, regulations and policies are followed and there should not be any appearance of influence peddling and p2p.

The biggest problem with the Moelis is, their well known connections and conflict of interest as private investment firm representing one class of investors and also FnF have not retained them for their advice.

The first step in resolving this lawless fake conservatorship mess is to agree on core principles based on laws, regulations and policies. Then comes implementation plan outlines. Once agreed on these then comes next step of detailed implementation plan. Moelis plan is a detailed implementation plan with no agreed core principles. That is why they had change their reconnendations to comply with HERA.