Replies to post #776629 on Fannie Mae-No Politics (FNMA)

[EternalPatience]

Cancel the senior

Cancel the Junior

Release the company

The junior preferred will go to courts (rightfully). Let them go to court and win. It will take 5 years. Appeal as much as you can if you are the govt. Juniors will still win. By that time company would have tons of cash to pay the juniors what they want from the court wins. We would have bot 7 years more to their agony which is what FhFa and tsy want for ruining their decade with case after case. Ps deserve it as well :)

problem solved

[Donotunderstand]

which agency of GOV will do this ?

and again - the core principal of SR and JR is not a burden anymore than common is

equity is equity

SR and JR are not debt