Replies to post #650347 on Fannie Mae-No Politics (FNMA)

[mrfence]

LMAO, that ship sunk long ago...

Warrants are here to stay, as is the exercise price. That ship sailed long ago.

One a serious note, giving away the equity of the enterprises for pennies on the dollar...

What remains to be seen is if both the Jr. & Sr. Preferreds will get Converted to Commons to help the Recap.

...would hinder the Recap jeopardizing the stability of the GSE affordable housing mission and the U.S. economy it props up. That's no laughing matter!

Derivative claims returning to the entities primarily benefiting their common $FNMA~ $FMCC~ owners...

Exciting times await FNMA!!

...is exciting, AGREED! :-)

Still time to manually convert JPS to Common $FNMA~ $FMCC~ before SCOTUS lets da catman do outta da bag tomorrow :-D

[Brooge warrants cancelled]

I think you need some new fuel, hows the wager?


hows the JIZZ

[IowaFam]

Converting would really help if we need that last 3 or 4 billion : )