Replies to post #743690 on Fannie Mae-No Politics (FNMA)

[bradford86]

The 79.9% you speak of was stolen in 2008 and no lawsuit alive is challenging it.

The real problem for common shareholders isnt the warrants, it is the spspa liq preference— which is not 79% dilution but is like 99% dilution on its own if it is converted to common

Tim Howard does not address this. He just demands a write down.