Fannie Mae (FNMA)

[ShortPutCall]

The dismissal didn't cover a lawsuit filed against the U.S. government by Pershing Square Capital Management LP, which made a similar argument but for a different group of shareholders.


he U.S. faces nearly 20 lawsuits from investors, with most challenging the treatment of shareholders in the firms' preferred stock. The Perry and Fairholme cases were among the most prominent and closely watched cases.

Like i said these lawsuits are more for the upper class stock with big dividends, and when the govt does decided to give a little back, they will benefit, This stock as well though. The govt is gonna give a little back to quite people down, and goning to take 5 years at least to give up full control IMO. Unless people lobby to congress, as they are the one who have to agree. not the president or CEO or whoever. Congress has alot on there plate, and will not acvtivally persue fannie/freddie unless pressured. Law suits are first steps. Even though it may seem though hedge funds are for the people, there postions profit from a small tick, so lawsuits is basically them hypeing up talk on ihub. I feel they know they did not stand a chance.