Replies to post #715129 on Fannie Mae-No Politics (FNMA)

[Achilles deFlandres]

the principle that shareholders possibly can recover no more than a very small but non-zero fraction is true. In terms of the mechanism, you are guessing.

[Golfbum22]

defense lawyer in Lamberth will read the jps contract rights saying

non cumulative

non convertible

then judge will side with Scotus and dismiss case

then gov't will cancel all jps because evil hedge funds trying to steal from the tax payer

then gov't will push commons thru the roof and steal the warrants too but commons will still get Ackman return numbers for share price

"good nite Irene-Jerry Garcia"