Fannie Mae-No Politics (FNMA)

[contrarian bull]

Anyone who bought after the NWS would almost certainly have their case dismissed for lack of standing.

Rek - In my opinion the damages happen each quarter that I own junior preferred and the seniors get a dividend while I do not. So it seems to me that anyone who has held a junior preferred through a dividend period has standing to show damage.

Or - would they argue that I saw that dividends were not being paid at the time I bought - the 3rd amendment was in place legal or not - and thus I should have expected to not get any dividends until the NWS ended?

To me an analogous situation would be: I see guys with guns coming down the sidewalk stealing wallets from everyone in the line I'm waiting in to buy the new iPhone 47. I see the risk but do not want to lose my place in line. Do I lose standing to say I was robbed when I didn't flee the area before they got to me? (I was hoping that cop standing between me and the robbers would stop them)