Replies to post #698690 on Fannie Mae-No Politics (FNMA)

[Guido2]

I would be the last person to defend Carlos, but it's a fact that Pagliara on several occasions has promoted the exercise or sale of warrants to third parties. That makes him a friend of his own self-interest and not of the shareholders.

[Wise Man]

Pagliara is a scam artist. Stop praising him again. He wants to rip off the shareholders and he bought common stocks as an alibi.
We wants the UST to exercise the warrant, a swap JPS for common stocks, Govt explicit guarantee, the payment of a commitment fee,... This is what the investment bankers want, to get secured deals.
OUR WORST ENEMY. FOLLOWED UP CLOSELY BY GLEN BRADFORD.