Replies to post #778049 on Fannie Mae-No Politics (FNMA)

[JOoa0ky]

The terms of the rights offering will be equivalent to what the secondary IPO investors will be given.

It doesn't matter too much if the money comes from existing or new capital. Nonetheless, this offering won't be anything like 10x that the commons are dreaming of. Probably just a 10% discount from IPO price...