Fannie Mae-No Politics (FNMA)

[jeddiemack]

The Wa fed case is a class action.

Class action settlement is the only way to extinguish ALL claims.

All claims will need to be resolved in order for the greedyment to get out of this mess. The settlement will have to come from the greedyment to the stake holders and this means common and preferred holders that were denied its interests throughout the period 2008 to when its resolved.

I'd figure some amount per share divided by holding period.

There is only around 2 billion common and its been 11 years so figure around 2 bucks a year or 22 total maybe more to get it done. Another piece for the preferred (but not as much) since their rights were to liquidation par value and their divi's were not cumulative. But certainly something.

Could cost the greedyment around 45Billion to clean their mess up ... along with returning the stolen money.