Stating what you aren't can cause severe damage once the truth comes out.
For instance, there are lawsuits that probably will end up with the Government paying hefty punitive damages to the enterprises for the illegal imposition of the Conservatorship, besides a refund of the amount illegally appropriated, and both measures don't benefit the holders of JPS, other that it will make FnF be declared Adequately Capitalized sooner and the dividend payments will resume.
It only benefits the shareholders. So, the sooner they realize they are not shareholders, the better, so that they avoid a disappointment later on and now they can switch their JPS for Commons.
The outcome will be that the dividend payments waived (restricted for Undercapitalized enterprises) aim at recapitalizing FnF and the Govt is just disguising it as a theft, depositing all the amounts in a escrow account at the Treasury department that will be returned.
Holders of JPS are worker bees that feed the common shareholders.
News 
Market Data 
Discover 
