Replies to post #625590 on Fannie Mae-No Politics (FNMA)

[Guido2]

I have posted the warrant agreement here a couple times. It has definition for various terms including fair market value. No one with any sense will support the idea that 100,000 shares for a dollar is fair market value. Perhaps, the reason for the inclusion is to allow the corporations to buy back the warrants just like the TBTF banks did after paying back the bailout. I don't believe Fannie and Freddie should pay anything, but if we look at the big picture, it's not much. At previous 20 days closing price, it would cost Fannie around $8 billion and Freddie just over $5 billion. This can just be an offset against the overpayments.

[FFFacts]

Yes, that is the line of thinking in which commons can outperform preferred.

[RumplePigSkin]

imtheshadow - explain to me fair price when virtually none of fortune 500 companies can invest in FnF b.c they are on the OTC.

The “market” isn’t saying anything. It is awaiting government/scotus action.

Awaiting NYSE relist then cap raise.

Good luck ...