Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
|glenbradford-wordpressFanniegate|1 min read

$FNMA #FANNIEGATE "or otherwise converted to common equity"

Any recapitalization would require the existing balance of Senior Preferred Stock to be deemed to be repaid (e.g., payments in excess of the original 10% contractual rate be treated as principal payments) or otherwise converted to common equity

32_Moelis and Co LLC-u

7-26-18_Meeting with Moelis and Co LLC

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Disclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.