Replies to post #765786 on Fannie Mae-No Politics (FNMA)

[Lite]

They will want to try and settle claims with a buy back of all shares at fair market value. Then they can do a re-ipo.

[trunkmonk]

I like when Ps post. Like fantasy island readings.

[stoxjock]

"In order to exit bankruptcy, you either have to restructure (screw shareholders) or liquidate (screw shareholders...most likely). The same has to happen to exit conservatorship. There is no other way around it."

Unfortunately, I think you are Right! ....The VERY CORRUPT US GubMent/Fed/FHFA/UST/Supreme Court (Because for All Intents & Purposes, these VERY CORRUPT Entities have 'Converged' Into 'The ONE' BUT Just Show 'A Different Face', based on the occasion to the Gullible US Public) has no Concept of "Justice' left anymore in its Body, its Rotten to the Bone AND Has NO 'respect' whatsoever for the Individual US Taxpayer/Shareholder and Has NO QUALMS of seizing their property....BUT the ONLY thing that is "Throwing a Spanner in your Argument/Thinking" is that the UST Has SO MUCH DEBT on its Balance Sheet that it 'cannot Afford to Take More Liabilities' onto its already F!@ked UP, RED Balance-Sheet ---Because ALREADY The "Auctions" of its NEW US DEBT Securities are Failing Left & Right, so much so that it is "Buying Its Own Debt Issuances" and BRAZENLY Claiming That the Auctions "Have been Very Successful"! So ,ONLY & ONLY For this Reason, I expect the UST/FED/FHFA will do a "Recap & Release"

[LuLeVan]

The USG/Treasury has control.

Reminds me of Frank Zappa:

[Wingsjr]

You’re wrong about who has control. In a lawsuit the courts have control, that control is handed down to the winner of that lawsuit. As for restructuring the twins, it’s not going to happen if they want FnF to continue work. Why haven’t they restructured them over the last 15 years? Because every proposal has the housing market crashing. The only restructuring that is needed is getting government out of the way. This will happen starting in 2025 under the new administration. Go T.