Replies to post #774859 on Fannie Mae-No Politics (FNMA)

[EternalPatience]

Bravo

New comes to the board should follow Rodney and keep this post in mind when the confusing chaotic posts bombards us

[Ace Trader]

Given the Gov's behalfour to date and it's actions towards common shareholders to date I would not bet that this would be there plan when time comes! Rember the Gov is after $$ doesn't give 2 cents about shareholders to date or in the past. I'm very concerned and weary of this !

[LuLeVan]

There are certain people that are encouraging theft, these people want the Treasury Department to wiped out the Common Shareholders, referred to as Legacy Common Shareholders.

I think a heavy dilution of commons is most likely coming, but I'm not advocating it (and no one listens to me anyway). And I certainly do not encourage it. It's just the most likely outcome. Since I hold JPS, I would prefer that - upon recap/release - only the warrants are exercised and the SPS are written off. This "TH scenario" would minimize the chance of a haircut on JPS, so it's in my best interest. Unfortunately, the odds of that happening are only 25%, while the odds of a SPS-to-common-conversion are 75%.

It's an insinuation of yours that those who write that a heavy dilution is most likely coming are advocating it and "encourage theft".

You also grossly overestimate the impact of iHub posters; they can only marginally influence events in Washington - if at all. We are much less important than many here think.

[Donotunderstand]

yes

conversion of the LP value of SP kills us if GOV so acts

killing the SP - for 300B on the 200B (F and F) and then using 4B shares at 25 per share is a win for us

[Donotunderstand]

Serious Question

I have seen many posts about the conversion of SP shares (LP $ amount) being converted to common by GOV "to get money back"

Honestly --- I have not see posts ENCOURAGING this action

To me that is a huge difference

IMO can it happen - who knows in the crazy FHFA F and F world where the GOV says what it wants and courts are deaf blind and dumb

And - re WTS -- I do encourage the GOV to use WTS to KILL the above - to allow a PR that says SP/LP is zero based on prior payments exceeding money from Treasury. GOV would get 4B shares (not saying it is just or right) ---- but GOV would want maximum PPS and it without the Massive drag on Capital that outstanding SP/LP creates --- the PPS could well be $25 --- or 50X