Replies to post #67618 on Fannie Mae-No Politics (FNMA)

[kamdesigns1]

That statement is confusing. They are publicly traded companies now.. Food for thought. Why did the government only reserve rights to 79.9% of the senior preferred? The answer is they didn't want full liability on their books if the companies were't able to become solvent again. Thus the remaining balance of shares can be traded and absorb some of the risk. However, the gov didn't expect the outcome that is at hand. So, they've locked all the profits away in the quartlery dividend which will likely result in litigation issues for them soon after the "cash infusion" is repaid.

[kamdesigns1]

By the way, that article contains the same information that all other articles have for the past month. Nothing new and they, just like the others, fail to recognize the facts of the conservatorship agreement and that Fannie has paid back $95 billion thus far. Just more agenda driven fodder. We'll see where this is truly heading soon. If it's truly worth $0 then it should be there soon if not already. But it's not. Good luck.