Replies to post #767935 on Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Do you realize how many lawsuits would evolve from what you are stating? You think it legal for government to stop and cease legally traded shres of shareholders just so they can finagle a JPS get rich quick scheme? I don't think the SEC or any court would approve of the legal shareholders segregation so JPS can swindle wealth away from shareholders. Immediately, that day, suits would be filed, I guarantee it.

In the same instance, lets say they cancel the seniors and warrants, but tell JPS they will never get another dividend.

[HappyAlways]

How do they decide the price ? If using the current market price, it will be disastrously to the GSE investors. Currently, the GSEs have about $100B retained earnings as capital with 2B common shares. So, it is already $5 per share IMO.