I bet Trump and the Banks are not discussing diluting or exorcising the Warrants. What they are talking about is the biggest IPO of FNMA/FMCC shares in history for the 80% of shares that are not trading now. This could bring more than $500 Billion in profits. That is why the biggest banks in the country will probably be underwriting this IPO of the 80% of untraded shares. I dont think Trump wants to dilute the shareholders out of existance. I think all the powers at be want to bring great value to Common and Preferds shareholders and most preferedly the US taxpayers.
Think about it and let me know your opinion. Thanks, SM.