Fannie Mae-No Politics (FNMA)

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This is a comment from Legaleagle on another board


legaleagle786
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I might remind everyone that Friday may be the last day to get these shares at fire sale prices. The case will be discussed by the Supreme Court today here on Friday, 2/16 per the docket. The market is closed on Monday. You could see a decision from SCOTUS on Monday at the opening bell as to whether they accepted Certiorari. Concurrently therewith, we are awaiting a major ruling in the Atif Bhatti v. FHFA case from Judge Patrick Schlitz, a former law clerk of the late Antonin Scalia. I am waiting patiently for that order. That case is vented in the District Court of Minnesota.
“Give me litigation or give me death”
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I did some research on Judge Schlitz a while back. He is definitely not a follower of the status quo. He is his own man. Now how will he rule? I don't know... But, I do know he will rule on what he believes is correct, not what others have ruled.