Replies to post #628945 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

All from the view that commons are worth a fraction of the Ps, then magically after conversion commons are worth a lot. OR the old reverse split theory to attract smart money. Now I know why Ps like fantasy, it makes them even better than par and commons at pennies. U can’t make this stuff up lol.

[RumplePigSkin]

Treasury has to play ball to get recap and release accomplished, and if Biden wins, his Treasury secretary very well might scuttle the whole thing.

Well, if Biden attempts to scrap the the approach, SCOTUS could overrule him. Biden also has some very close allies pushing for recap & release, so I would say Biden is more an uncertainty than SCOTUS, which is saying a lot about the strength of the Collins case.

As has been stated by ROLG, ACG, and other consultant and legal pundits, the odds are SCOTUS will rule in favor of Collins, and I admit, legally, anything can happen, but I honestly believe the central monetary point -
$180 billion loaned, $300+ billion repaid, and netting the government $120 billion at the expense of once private companies, with FHFA horribly conflicted as regulator and conservator - will not go unnoticed by SCOTUS.

Not to mention Sweeney's commentary on mob-like financing, which will also not go unnoticed by SCOTUS.

Certainly anything can happen ... but I'm speculating the epic saga is coming to conclusion ...

[Robert from yahoo bd]

Thanks, BA stated in his comment letter that taking care of both legacy shareholders IS IMPORTANT, and I think that is especially true, if the regulator wants to go back to the private capital in 1st loss position!