Replies to post #518274 on Fannie Mae-No Politics (FNMA)

[Fully Diluted]

Hi bcde,

thank you for your extraordinarily astute observation. Great!

Trump directives allows all gov agencies to contribute to RR plan and also keeps the final decision with Larry and POTUS. This seems to be open and transparent process based on rule of law. All stakeholders including taxpayers,economy, fnf, CS and JPS holders are sure to benefit if such process is followed. Cronies need backroom secret deals to benefit and we have seen how this has worked during ob administration.

[kthomp19]

Trump directives allows all gov agencies to contribute to RR plan and also keeps the final decision with Larry and POTUS. This seems to be open and transparent process based on rule of law.

"Seems to be" is a good descriptor. There is no way that all the details will be made public.

Cronies need backroom secret deals to benefit

THE MOELIS PLAN IS NOT A SECRET BACKROOM DEAL. It has been made public, for cripes sake! A true backroom deal would never even be heard of until it happened.

The Moelis plan also grants a higher return to common shares than junior prefs, so it cannot be said to advantage one class over the other. If anything, it gives commons the advantage at the expense of the juniors (who are footing the bill for nearly all of the lawsuits). Moreover, the Moelis plan is fully legal; there is no way Moelis would put its time, money, and reputation into promoting a plan that doesn't conform with the law.

On purely merit basis, Moelis plan fails to meet the basic principles outlined in the directives.

This is exactly what you have failed to provide reasoning for. Please find the exact parts in the memo that you believe conflict with the Moelis plan, and explain why you think they do. I refuse to take this statement of yours at face value.

trying to raise $225B fresh equity capital

This just shows me that you haven't even read the Moelis plan at all. That $225B figure is false.