Replies to post #837719 on Fannie Mae-No Politics (FNMA)

[Lionscantwinagame]

Again, this scenario avoids all common sense. Ultimately the difference in profit for the government exercising the senior preferreds into commons is entirely negligible profit wise for them, creates further litigation / lawsuits, makes any investor unwilling to place money into these companies when they can be robbed at any point causing share price to be a tiny fraction of what it could be which of course takes away from any return the government could have by just selling it's 79.9% stake. The obvious is that the 301 billion received by Treasury thus far equates to an actual payment as it should be.

[blownaccount9]

“Clear shareholder protections” LOL. Is he pretending there were share holder protections in place when Fannie sold FNMAT preferred shares in May of 2008? This has dragged on in government hell for over 15 years. If they screw everyone on this after they held for closer to 2 decades no one will ever touch this shit again.