Yeah, I still couldn't find what I once saw, so I have no support for my statements in the end. The more I read again, the more I see the government did set themselves up to steal a ton of ownership away.
One thing I saw that was peculiar was this (from the 2009 Fannie Mae 10K - bottom of Page 27):
"If the market price of one share of our common stock is greater than the exercise price, then, instead of paying the exercise
price, Treasury may elect to receive shares equal to the value of the warrant (or portion thereof being canceled) pursuant to the formula specified in the warrant."
Can someone explain this to me?
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