Replies to post #715015 on Fannie Mae-No Politics (FNMA)

[Louie_Louie]

People here focus on a word or few words, but never expound their thought process because....the devil is in the details, always. Not just the words Utility Model.

[familymang]

This is not true, as I posted earlier:

If you look closely, the Calhoun plan just used the CBO analysis to derive $50-$100b of warrant value. Which if you look at the CBO model in detail it clearly assumes full value (no writedown) for the snr pfds with residual / additional left over value of $50b-$100b. No snr pfd write down.

[Donotunderstand]

TY