Replies to post #780760 on Fannie Mae-No Politics (FNMA)

[Rodney5]

Posted about the destruction of the common stock 7 years going on the 8th.

Posts 6,468
starting with,

kthomp19 12/05/16 1:57 PM
Post #367958 on Fannie Mae (FNMA)
It seems to me that Congress would have to go out of its way to punish preferred shareholders, and I don't see an incentive for them to do that. Diluting commons heavily is much easier, especially since the warrants already exist.

If the Democrats were in control I could see punishment being its own motivation.

[SREZ]

kthomp19,
Great rebuttals!
What do you believe the JPS are (ultimately) going to be worth? Par? Less than par? Fannie? Freddie? Different value depending on which GSE? Another way of asking this, is do you believe Fannie or Freddie JPS may turn out to be more (or less) valuable than the other?
Pagliara's comment #6 intrigues me: "6. Election year politics - most think this is a “Trump” trade. I disagree. Biden is a seasoned politician surrounded by skilled strategists. Polling suggests housing affordability is a key campaign issue."
Over-seasoned maybe, but "surrounded by skilled strategists"!?
Okay
Do you agree? Do you also agree with Pagliara that F&F is NOT a "Trump Trade"?
Now it is disclosed that ST visited Pagliara's (CapWealth) HQ for a sit down and presumably an explanation on how to monetized the warrants/restructure via the 'Franklin Plan.' What is the 'Franklin Plan'? Tenets? Now it makes sense on why Pagliara is kissing some Admin butt.
Do you believe Biden/Treasury/FHA is (currently) performing meaningful work on restructuring F&F, releasing F&F, or perhaps working on closing down these avenues for Trump? At this point, can Biden get anything meaningful done b4 the Election?
TIA, SREZ