With Treasury returning the stolen money to the companies both companies are capitalized…… IF the Treasury chooses to continue on the path its on stealing from the Shareholders the 2.5% minimum leverage capital required with the companies $30 billion plus net income per year Fannie Mae will meet the number in less than one year and Freddie Mac less than two. Under these conditions absolutely NO REASON for a capital raise by a re-IPO.
FOFreddie, I feel for you buying the JPS a few months before the Paulson takeover. You were lied to… With Fannie holding 95 billion in net worth no management in their right mind would do what you’re anticipating. If you want a conversion to common stock consider selling your JPS and buy common that’s your conversion. Best Regards
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