Replies to post #836923 on Fannie Mae-No Politics (FNMA)

[wdereb79]

CBO =Enron Style Accounting … per Treasury Sec Scott Bessent’s mouth.

[Fully Diluted]

Hi Glen,

It's better not to refer to reports that you consider to be poor. How much are the JPS worth according to the CBO – in a receivership scenario?

None of us knows how this will all turn out. But the plan presented by Ackman makes the most economic sense for everyone. His proposal to consider the SPS as repaid so that the SPSPA funding commitment can be replenished to $445 billion is brilliant. This would pave the way for significantly reducing F2 capital requirements without losing the rating agencies' top rating. And lower capital requirements automatically lead to lower mortgage rates. Think about it, it's worth it.

GLTY 😎

[PhantomEnchanter891]

GB - Did you miss the part that Joe says "shareholders"?

He meant JPS too. In a receivership SPS would be higher than JPS. You could get zero!

Sorry, but 80% of commons and 200B in new common... where does it say JPS gets RV converted to common at $2.

Sure, that is what you will want, but if the govt. takes the whole shooting match thru r-ship, are you protected?

Inquiring minds.

[wdereb79]

CBO has nonsensical rules and Enron Accounting in that it is not real. Hmmmmm

https://www.youtube.com/shorts/we6KYfZSbkc