Replies to post #768232 on Fannie Mae-No Politics (FNMA)

[EternalPatience]

Do you really believed that he was on the sidelines? It's just a new alias of the many such bigyanks and yanksghosts

[Donotunderstand]

Cramdown

If this is SENIOR becomes COMMON ---- wow that is ugly and not to happen

If this - cramdown means - WTS only (say in trade for NO SPO and NO second repayment of the Senior paper) --- then I vote for a WTS as a very mild cramdown that leaves us with 10-40 dollars PPS common