"FNMA buyout rumor going around: buyout for $27 dollars a share, i would take it"
That's about what the government owes shareholders of Freddie Mac in lost dividends and a modest penalty for keeping us encumbered for more than a decade. So yes, we should take the $27/share as a down payment. Next, the "buyers" can address what they want to pay for a highly profitable, going concern whose unencumbered share price would probably be in the $80-100/share range and only 650 million shares to carry forward.
I'm listening.