Replies to post #757865 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

really reform, so they have to reform 300B in profits??? if one is in debt up to their eyeballs, way underwater with purchase P prices, what reform may that need?

[Wise Man]

Ou! Bradford no longer says "restructuring" after learning that the JPS would get diluted 79.9% too, upon conversion to Commons, after the corresponding haircut that reflects the remaining 17 years to resume the dividend payments and fetch the par value.
This image captures the moment.

The corrupt litigants wanted to be made whole with a tiny haircut and conversion at today's market price of the common stock.
Wait! There's more! Bradford and the rest of the gang called "the plaintiffs" wanted to recover back dividends on a noncumulative dividend stock, under the guise of phony "damages", with a crazy stance by professor Mason, who, all of a sudden, was upgraded to "doctor" afterwards.

DAMAGES BASED ON THE STOCK PRICE REACTION ON 3RD AMNT-DAY @6% 11YRS: CRAZY
🆚stock valuation:
Cs: NWS effect(ongoing w/ today's Common Equity Sweep)on future cash-flows(Div Discount Model)
JPS: div resumption delayed,when JPS price=par value. A 10%div refund is needed.#Fanniegate pic.twitter.com/VQsc9HTZEA

— Conservatives against Trump (@CarlosVignote) June 2, 2023

Now Bradford says:

The damages model going to trial is a joke.

[Ispro]

Thought collins is dead? Tia