Replies to post #616480 on Fannie Mae-No Politics (FNMA)

[Guido2]

Was sending all their equity to a sister agency maintaining them in sound and solvent manner? Getting the money returned to the corporations will be maintaining them in sound and solvent manner. After that we can discuss how much more CET1 capital needs to be raised and the boards of directors will decide how to raise it.

[Glossy]

First...True that, but still does not mean they have the right to step on shareholders rights. They can make decisions irregardless of shareholders interest, but still nothing there says that they can overstep shareholders rights.

Second....true to that too, they are to maintain the twins and solvent manner. And again, still does not say they can overstep shareholders rights. Conversion is not for maintaining the twins to sound and solvent manner, but for re-IPO... but nobody knows 100% if there will be a conversion if this is even needed to increase capital.

I could understand why there is a possibility of a conversion, but on how to do this, it should not be something that affects anybodies rights, or else it will be an issue.