Fannie Mae-No Politics (FNMA)

[imtheshadow]

since the current administration has done EVERYTHING to hurt EXISTING shareholders, how can some folks think the same administration will not exercise the warrants? ... at this stage, I am not aware of any suit that even challenges the warrants ... I suppose its theoretically possible that a court could rule that a non-severable termination-for-cause structure retroactively voids ALL prior FHFA actions, including the cship, nws and warrants, but is that what folks are counting on? ... if its some other legal angle, then why haven't we seen that reflected in a suit? ... yes, I understand that folks are saying that AIG and other were allowed to buy back their warrants for a de minimis amount, but, again, if those cases are relevant precedent, why haven't we seen law suits reflecting that? ... is that because suits won't (can't) be filed until the warrants are exercised? ... but if that is true, how come I NEVER read anything by any big players that that is the case? ... tia, shadow