Those two advisor banks JPM & Morgan Stanley are the current one's manipulating the stocks, I have no doubt. That is why you've heard didelly squat about them since they were hired many years ago. They're under contract to keep our share values down. Wouldn't take a ton of money to do it since we got relegated to the BB board.
Having DOJ and FHFA (at Fannie Mae's and Freddie Mac's expense) continuing their recalcitrant attitude and facade behind the Net Worth Swipe is also likely destroying future investor attitudes toward shelling out Private Capital.
Without new investors buying in (newly created shares and/or equity held by Treasury), Fannie and Freddie will never exit conservatorship. It's that simple.
If past government actions are enough to forever close off the possibility of new investors coming in then there is no point in holding shares now waiting for release.
"Salting the Earth with the Shareholders Carcasses" is not a winning tag line in raising Private Capital.
It's too late. That part has already happened, and no presidential administration can bind future administrations.
The only effect of those past misdeeds will either be to lower the per-share price that new investors will be willing to pay, or keep them away entirely. Both of those are bad for the existing common.