Replies to post #767451 on Fannie Mae-No Politics (FNMA)

[nagoya1]

Come on- warrants being exercised? Really?
That must be a GSE b budget sci fi movie not even produced by Munchin but by our skaterboy.
Shaking my head at the suggestion of them being used.
Fnma
Might as well ask Obama to unseal GSE docs than warratnts…

[The Man With No Name]

FHFA and treasury can generate any IPO price they want by reverse split. If only the warrants are exercised, it could be 3 to 1. If the SPS are converted, it is more likely to be 100 to 1 or even 1000 to 1. No one can predict which option will be chosen. The SPS conversion has greater probability. However, after the Lamberth jury verdict, the associated embarrassment for the government also increases, as Tim Howard pointed out today.

The government doesn't get embarrassed. The government controls, the government takes, the government taxes and the government doesn't give a damn what anyone else thinks. They will do whatever lines their pockets the most. That will be the option taken.

[Wise Man]

Bradford = LuLeVan = The Man With No Name.
Obsessed with disregarding the law and harass the common stocks.
There won't be a resolution that changes the actions that have been taken.
A 10% dividend is as legal as a NWS dividend (subsection (g) unlimited yield on SPS), the fastest speed for the Separate Account plan, as it stopped the death spiral (the 10% dividend prompted capital deficiency)
It was not an actual dividend if it's restricted (like today's gifted SPS) and unavailable funds for distribution as dividend, out of a Retained Earnings account with Accumulated Deficit all along.
The FHFA-C's Incidental Power allows it to lie and send assessments with capital distributions under the guise of dividends, applied towards the exceptions of this restriction in the law + CFR1237.12.

Any resolution aims to uphold every single action by the FHFA and UST, not to change the past: "What if the NWS dividend had't existed? The SPS would have been repaid,..." and so on and so forth.

Bradford is another guy that uses multiple ID's, like the pro se plaintiff and navy cmdr.