Replies to post #178193 on Fannie Mae-No Politics (FNMA)

[JosephS]

This is a thing of beauty. I own zero common shares of FNMA and zero FMCC. I own preferred in both companies. Not a buy or sell recco.

Watch The lawyers tear into this with Prima Facia evidence that FNF have some value. They(Fairholme) offered 17 billion in cash(and taking all the preferred stock out) for the structure and all the intellectual property when others said it was "worthless".

The response is going to be nice.....

again... not a recco of any kind.