Replies to post #776553 on Fannie Mae-No Politics (FNMA)

[tutt1126]

It's a 50/50 chance. according to the capital structure during financial crisis, usually they convert to common stocks.
However ,since all jps got settlement at the price when they bought during conservatorship, they would simply terminate all jps contracts of conservatorship. Otherwise the plane can not fly again

[Donotunderstand]

GOV decides to not honor the contract or argue it is not a "true contract" but speculative or whatever

After all this is FNMA land