Replies to post #713291 on Fannie Mae-No Politics (FNMA)

[Brooge warrants cancelled]

I guess amelia was close

[BlueMoonInvestor]

I don't see how anyone would invest in the GSEs if the govt. keeps this going for another 15 years and then dilute commons dramatically. This is why I'm still holding on. I feel these to highly profitable companies will eventually have to be released most likely by the courts.

[Golfbum22]

Did gb just get someone to buy into his senior conversion theory?

Lmao

[955]

C'mon truckers! Perhaps we should sponsor a rig or 2 or 10 and tell our story.

[Louie_Louie]

Lol, I was close! I said 10 years based on that stooopid cap
requirement.

These guys are trying to say government is just gonna sit back and TAKE the ownership of the GSE'S by renting them via a bogus un-needed backstop loan which keeps taking equity pieces of tge company but never gets paid off.

Like they are doing a long term take over of a private company by holding financially hostage via a loan that never goes down, only up over time. Yup banana republic for sure.

[SauceyTKR]

I thought warrants expire in 2028

[altruism]

You just can’t make this stuff up rofl
“In its report, the research firm writes, “By 2036, the Treasury's aggregate senior preferred including liquidation preference will have grown to nearly $550 billion per our latest calculation. We assign a high probability that Treasury will convert its senior preferred to common at that point, an assumption premised on Treasury having little reason to freely give up the value of its position"...

2036 lol for what it’s worth hopefully at least a nickel