Replies to post #836932 on Fannie Mae-No Politics (FNMA)

[stockprofitter]

If you missed Pulte video clearly states F2 don’t need new capital.

That eliminates the recap part as we wait for release.

[PhantomEnchanter891]

Risk to common is r-ship and $2 PPS for US govt.

If they are 'reasonable' and 'recap and release', then JPS *could* (should?) be whole and common will get $20-something.

A re-listing would dispel that govt. is planning any CBO-style play. That is the risk!

No one can figure out Pulte's plan with c-ship and selling shares, etc.

[DaJester]

Glen - you honestly think the recap and release is going to happen with a $162B capital raise, while still under conservatorship, like CBO suggested?

[PhantomEnchanter891]

Aside from CBO not reality-based, i.e. screw shareholders, sell more shares plan.
Receivership with no consideration to mortgage market rates, etc.

Glen thinks he's got the needle threaded. Screw common, make JPS whole. No receivership, just r-ship light.

Okay.