Replies to post #560487 on Fannie Mae-No Politics (FNMA)

[jeddiemack]

The retention of captital... by adding it to the liquidation pref...preference of the senior secured is not capital. its borrowed money that is then "pledged" to the senior preferred or greedyment.

it is imperative that the next sp amendment eliminate the concept of just pushing it back to the greedyment through "liquidation" pref..

its a big circle jerk...

[eyeofstorm]

Even if he did care about shareholders making $ he sure as shit couldnt say it. He might not care but I'll bet Trump does.

[eyeofstorm]

What I dont get is when they start talking about a #.. so they want to limit how much FnF can have again? What 10 billion now? Then he speaks about mile stone for them to get out of conservatorship on there own. . . Maybe I misunderstood.

[bcde]

When MC says that it is up to FnF to meet milestones, MC should not even be suggesting IPO/SPO.

Any such suggestion creates an impression that FHFA conservator is leading the FnF management in IPO/SPO direction and can lead to all sort of legal interpretations considering the lawless history of FHFA conservatorship as confirmed by 5th circuit ruling.