Replies to post #794390 on Fannie Mae-No Politics (FNMA)

[MoneyRobot]

Net Worth is a value. The NWS sweeps all the value ($$) from the GSEs. That includes what gives equity its value. The equity structure does not change. It just means the equity have no value presently.

My backup is my knowledge. I am not going to look up references as I am at my lunch break. I did not expect this to be an argument. If you believe the NWS modifies the equity structure, then thats up to you. Good luck

[Donotunderstand]

I thought the NWS took EARNINGS - PROFIT as made

I do not remember it going back and for example killing common and JPS - which also are equity ?

The actions could not kill SP without killing JPS and common --- at least I do not think so