Fannie Mae Preferred S (FNMAS)

[44centsAKAchoccake]

Yes, Court of Appeal will be decided in a year or so.

Court of Claims has been really helpful in terms of discovery. I suspect Judge Sweeney will NOT grant the motions to dismiss, but it will be on a slower track than the court of appeals. [Court of appeals looking at issues de novo, but it's analogous to the rebuttal phase of a proceeding. Quite a bit of work had already been done on "direct."