Fannie Mae-No Politics (FNMA)

[jeddiemack]

This is so wrong.

The warrant itself is not ripe for a claim until utilized, until then they are an intangible nothing.

If the treasury tries to use them that is when an injunction could be filed and lawsuits fired up.

Until then, they are really a nothing.


And yes, they'd be a taking, in that they represent 80% of something of value that would be taken. Yes, its an intangible thing a value, but it has value and it can be measured at value or inkind. Its the inkind remedy that could be very expensive.