Replies to post #705935 on Fannie Mae-No Politics (FNMA)

[LuLeVan]

The govt can't be a shareholder

79.9% is the critical limit. If the government additionally converted the SPS into common shares, this limit would be exceeded. Therefore, it can also be argued that the warrant exercise (advocated by Ackman) prevents an additional SPS swap.

[Achilles deFlandres]

Like that won't take a hedge fund plaintiff and 15yrs to get nowhere