Fannie Mae-No Politics (FNMA)

[kthomp19]

The warrants can only be challenged in court if they are exercised. This is not the first time I have brought this up.

And this also isn't the first time that I have said this: it is a much better idea to get out ahead of the warrants by releasing a draft copy of the lawsuits, rather than wait until afterwards and risk getting no reward through the court system. Become a party to be negotiated with now! Why wait? What do you have to lose?

Calabria also said that Treasury will want to maximize its investment, and he mentioned the warrants specifically in the interview. If he thought there was any doubt that they were 100% legal, he would not have done that.