GOOD NEWS CONSIDERING: CONSERVANCY with commoners!
"Paulson said the Treasury will receive $1 billion in senior preferred stock, with a yield of 10% a year, in both Fannie and Freddie, and will also receive "warrant for the purchase of common stock of each company representing 79.9% of the common stock of each company on a fully-diluted basis at a nominal price."
"So, if I am reading well, 79.09% warrant is only a plan, something that "could be", so Why do media and basher talk like if warrants are already exercise, can someone explain that,am I am reading something different?" |
