Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

The whole agreement was an easy way to punt to SCOTUS. If SCOTUS rules the liquidation preference is 0, the whole thing goes away.

No capital raise allowed until all material litigation in relation to the conservatorship or NWS that exposes the gov to more than $5 billion in damages are adjudicated without appeal or is settled with prejudice.

More retained earnings ...