"Carpetbaggers promote the exercise of warrants at this ridiculous price to swindle Fannie Mae and Freddie Mac shareholders. "
Guido2,
Each of these stickup tools (conservatorship, SPS, Warrants, NWS) were designed for destroying FnF by the Hank/OB/Tim hatchet teams. Each of these things should be dismantled without harming FnF.
The crooks have been using slogans and catch phrases to create a sense concern for taxpayers and competition etc... It is like "The devil citing Scripture to serve his devious purpose".