Replies to post #702553 on Fannie Mae-No Politics (FNMA)

[Fnmaman]

I 100% agree and they will make a load of money when this pop.

[Commons_Cancelled]

So you think SPS gets Converted to Commons instead? Oof!

If I owned Commons, I'd much rather have the Warrants be exercised than Sr. Preferreds Converted to Commons.

SPS Conversion leaves Commons practically worthless -- $0.0001

[Donotunderstand]

no

if gov sees that using WTS is key to their wiping out the SNR PFDS

then best to let GOV have the WTS if they key SNR PFDS

better outcome for us

[Donotunderstand]

and
best I understand --- the agreement with Treasury prevents FHFA F and F from using their money in any way other than to put it under the mattress or to pay actual expenses