Fannie Mae Preferred S (FNMAS)

[big-yank]

LOL. Great post. My guess... and that's all it is... is that all the pending suits that seek remedy name the Federal government as the defendant. This means any eventual settlement approved by any court in any jurisdiction would not have any concerns about defendant's inability to pay or become a flight risk.

No court can force an insolvent business to keep its doors open, anyway, while the courts slog along towards some eventual ruling which could very well be a dismissal.

JMHO.