Replies to post #676597 on Fannie Mae-No Politics (FNMA)

[Guido2]

ano - if SPS is written down to zero, so is the bogus accumulated deficit, currently at -$103.1 billion. So it will be $30.3B + $120.8B - $103.1B = $48 billion. As you said, if they are awarded a refund, it will further increase their equity.