Replies to post #616614 on Fannie Mae-No Politics (FNMA)

[nagoya1]

Can you remind us how much the GOV paid for those FNMA warrants...
Do you think they paid fair market price?
THanks in advance
FNMA

[trunkmonk]

Warrants were nothing but insurance policy in case they didn’t pay shark lending fees. They paid debt back warrants should never be in any conversion other than class action against the use of the warrants. I’m sure there will be a tweedle dee and tweedle dumb talking today about liquidation preferences, which makes them sound smart