Replies to post #724579 on Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Has anyone checked on American Funds Growth's FNMA allocation? They are the most likely culprit if we think Ackman is still holding.

[bradford86]

hard to know, sandra thompson got confirmed today so --- the clock starts now for admin reform coming from wh/treasury as FHFA has completed 100% of its prerequisites for admin reform.. now the ball is in treasury/wh court.

and so... if SPSPA is converted to common you're right ($0.04-$0.60 depending on how much treasury cares for common shareholders (if they need to play nice to raise $)), but if it is written down then commons are worth like $3-8, emphasis on the low side though