Replies to post #3665 on Fannie Mae Preferred S (FNMAS)

[taintedfud]

tsy is .1% away from ownership (they have warrants on 79.9% common).

so, what happens if someone somehow slips 700,000 shares of fmcc to the tsy as a payment for something or other, or tsy gets it in a default, and takes possession of the stock. now they own 80% does the 2 trillion of debt transfer to tsy?