Fannie Mae-No Politics (FNMA)

[Wise Man]

My point is that there's nothing to settle if the Govt acts unilaterally in a resolution that renders the current lawsuits meritless, but WaFd's that challenges the Warrant and that FnF engaged in state-action. Both a Takings claim. The NWS was staged in order to prompt a Takings case and award Fairholme huge remedies to offset its losses due to the dividend suspended or/and some kind of arrangement where the JPS are swapped for Common Stocks. The truth is that the UST is a mere custodian of FnF's funds as commented in my previous post and the money will be returned. Then, there's no case to settle and what is left is that the dividend was impeccably suspended to pay off the SPS and Recapitalization.