Replies to post #784183 on Fannie Mae-No Politics (FNMA)

[jeddiemack]

Mike,

The warrants should expire unused. Will they be renewed?? They could... lets hope they've had enough of these shenanigans.

Yes, the "loans" forced upon fandf have been fully OVERPAID and the liquidation preference they cite is just another attempt to steal. Hopefully, someone smart enough in DC will cull that too.

As for "proceeds" helping whatever if the warrants were to be "exercised" ... well thats chump change to these two. Purchase "price"... is like 1/100000 or a cent per common share. So its like some stupid amount of around $20,000 for stock that today would have a fair value of $240 Billion. Obviously a theft; since the warrants were simply taken.