Replies to post #756499 on Fannie Mae-No Politics (FNMA)

[bradford86]

In receivership the government can wipe jps and commons absent court intervention. But these companies have retained more money than ever in history and the spspa is yuuuge

They can convert the spspa and exercise the warrants and effectively wipe their butts with the common shareholders. But they cant do anything to jps unless they flush the toilet with receivership

Any statement to the contrary is just a misinformed sad poster beligerantly spouting nonsense — and they likely will just miss out on this one