Replies to post #706307 on Fannie Mae-No Politics (FNMA)

[stockanalyze]

jr pfds goes to zero too, sorry to break the news. a glimpse just seen when they were less than $1.50 few months ago even when the companies are making money hand and fist. sorry to break the news for jr pref: no divvies, erosion of capital will effectively wipe out jr pref.

[Brooge warrants cancelled]

gamblers anonymous


meetings every thursday, LOL

[tutt1126]

You should listen to Carlos

The Treasury's commitment to provide capital to an Enterprise pursuant
to their SPSPA has no set expiration date. That commitment
terminates only when one of the following events occurs:

1. The Treasury has provided the full commitment of $100 billion
in the form of senior preferred stock purchases.

2. The Enterprise liquidates its assets. In the event of such a
liquidation, the Treasury will fund any capital deficiency up to
its commitment under the SPSPA. After that final funding, the
funding commitment in the SPSPA would terminate.

3. The Enterprise has repaid, defeased, or made other provision
for all its mortgage guarantee obligations and debts.
The Justice Department has issu

[stockprofitter]

Microsoft has over 5B shares outstanding and a similar bottom line ( not quite as good ) as Fannie and have you seen the share price of MSFT? So your assessment is again wrong, wrong, wrong.

Sorry Glen

[EternalPatience]

You should just stick to S.Alpha. Atleast it pays you 75$ for the garbage..

[stockprofitter]

Microsoft has over 5B shares outstanding and a similar bottom line ( not quite as good ) as Fannie and have you seen the share price of MSFT? So your assessment is again wrong, wrong, wrong.

Sorry Glen

[Stern is Bald]

You do know the minimum to be listed on the NYSE is a consistent $4 right? So the GSEs are going to be getting new money into a 75-100 billion dollar stock/SPO that can't even be listed?

That would be puuuuurrrreeee genius.

I think you like to stick to a mindset and not see a bigger picture of things...

[Donotunderstand]

bradford

JPS are also speculation

Proof ?

Look at their current PPS

1/10th of PAR

If this was debt - and sold at a 90% discount of FACE it would be below AAA and below most junk and ZZZ rated - face it

Common holders and JPS holders are speculationg that the SPS will be viewed as paid off

If the GOV says NOPE ---- F and F owe all of that - then JPS might become common and share any and all fate of common

The key - IMO - as always - is does the GOV yield the NWS overpayment? Does the GOV yield the SP to payment at 5% interest v 10% interest (do that math - I have not but it might be 50B ?)

We all lose in our speculation if SP is not viewed as mostly if not entirely paid off

That is an opinion

But so is the statement that JPS is somehow not a major specualation

All said by one that owns both and indeed can see maybe a 15% or whatever chance that one or the other comes out way ahead of the other

All said by one who believes right now JPS is a smarter speculation for new money ---- but a speculation

A GOV under a law HERA and with FHFA able to do as it wills per SCOTUS can one day simply wipe out JPS --- just as it can Common

Why ? Because we are a level of dishonesty and anti law that such action is a mere inch away -----