Replies to post #595119 on Fannie Mae-No Politics (FNMA)

[HappyAlways]

If they provide priority to existing shareholders to buy the new shares, I am ok with the arrangement.

I would say that FHFA will have the GSEs re-listed in the NYSE to decide the share price first. $10 will be attractive to the new shareholders. IMO.

[mrfence]

That's why Squidmore hired a financial planner to explain to him what a dumbass he is at a cost of only 45mil. If they manage to get that through his dense skull then it's a small price to pay otherwise it's 45 mil down the drain.

Of course anyone of us could break it down for him in five minutes from an investors perspective for a nominal fee of $45.00 but if yah don't charge a bureaucrat and kick back 10% they won't respect yah ;-)