Replies to post #603136 on Fannie Mae-No Politics (FNMA)

[stockprofitter]

FNMA There’s no conversion. That is up to the BODs and currently the Board has no say.

Maybe after conservatorship ends but I’m doubting it very much.

The Ps could be bought out for about $16B as part of a new P share offering of 1B shares at $60 or $70 leaving FNF with $45 - $55B after the smoke clears.

[Guido2]

There's absolutely no need for conversion. Judge Sweeney is awarding the $124 billion overpayment to the corporations. With current equity of $24 billion, it brings their capital to $148 billion.

They have consistently earned over $20 billion after taxes annually. IF, big IF, there's need for an SPO, there'll be real investors lining up to invest in corporations that sent over $300 billion in "dividends" to the Treasury the last 8 years.

Once again, you want conversion, do your own conversion.

[skeptic7]

C-Ship going to seriously impair capital raise potential. This whole talk of an IPO is a ruse, never going to happen.