Replies to post #761244 on Fannie Mae-No Politics (FNMA)

[Wise Man]

Not even one security has been purchased. The SPS have been issued for free (including the Warrant) and then, increased (Securities Law violation)
You still don't get that SPS and JPS are obligations recorded in Equity.
This is the Treasury and FHFA in the SPSPA:

An obligation is a compromise of repayment. Just like a loan.
They are redeemed at the option of the issuer and they disappear.
They can't be used for the assault on the ownership (common stock)

[Donotunderstand]

that LP grab was ONE sided - all can agree

removing the LP (obligation to pay back in construct of how much cash has moved to GOV) could alsow be ONE sided ---- no FHFA no Congress

Not saying it would happen - just saying IMO - IMO - nothing stops TREASURY from a PR that says we got 300B on the 200B and its paid (people can then argue ROR or such but if TREASURY starts with a simple PR ----- we saved - they are healthy - they paid 300 on the 200 --- then the message is out there and good