Replies to post #752078 on Fannie Mae-No Politics (FNMA)

[Guido2]

Reminds me of Animal Farm. Pigs claim all animals are equal, but some animals are more equal.

Instead of concentrating on the injustices done to common and preferred shareholders, the author wants to join the perpetrators and further plunder the commons. NO VALUES.

[44centsAKAchoccake]

Tsy has warrants so they can own 80% of the common stock. If they ever agree to let FnF they are going to exercise those warrants. So there will be a lot of dilution.

That is the best case scenario. If this doesn't happen, nothing will happen.

As far as the preferreds, they would do ok vis-a-vis the best case scenario I identified above.

[44centsAKAchoccake]

Tsy has warrants so they can own 80% of the common stock. If they ever agree to let FnF recapitalize they are going to exercise those warrants. So there will be a lot of dilution of the commons.

That is the best-case scenario. If this doesn't happen, nothing will happen.

As far as the F&F preferred stocks, they would do ok vis-a-vis the best-case scenario I identified above.