Replies to post #785291 on Fannie Mae-No Politics (FNMA)

[FOFreddie]

Hi Rodney - what do you think about coming up with a Magna Carta like document that lists all the way the USG has screwed all shareholders. Perhaps this is something common and JPS can agree on? We can use this list to remind the FHFA and Congress about the historical facts and have it publicly disseminated so the facts cant be rewritten at the wrong time for shareholders? I gave you my list a couple of days back but I just focused on pre-Conservatorship.

[The Man With No Name]

Yeah, garbage, do you have a hearing impediment?

If the NWS wasn't implemented and FnF paid 10% interest on $192 Billion in SPS (not accounting for the rising LP), then FnF would have paid roughly $295 Billion in interest to date.

So this $6 Billion premium ($301-$295) is going to payoff $192 Billion in SPS? 🤣

I own stock in a bank that has paid me more in dividends than my cost basis. Guess how much the bank has paid down my shares? Zilch, nada, none.

The longer this goes without Treasury getting a dividend = the more likely Treasury argues they can't write down the SPS.