Fannie Mae-No Politics (FNMA)

[Wise Man]

Fairholme has a DERIVATIVE CLAIM in the Court of Federal Claims, not a Taking.
Thus, it asks for a refund to the enterprises. Obviously it's the amount above the 10% dividend because they only challenge the NWS, not the 10% dividend.
The song of DERIVATIVE CLAIM is repeated a thousand times by the plaintiff that has been stuck to Fairholme case in the Appellate Court, Fisher. He even mentioned last week in a SA comment that if the UST exercises the Warrant, it can be challenged with a............., you got it, DERIVATIVE CLAIM, when the one that suffers the economic harm is the existing shareholder, not FnF, in the case of exercising the warrant. Also since it was issued, as FnF report earnings on a diluted basis, but I've already given up explaining the effect of the warrant to financial illiterates.