Fannie Mae (FNMA)

[Guido2]

It's a given they will rule the Net Worth Swindle illegal. If SCOTUS rules that shareholders can file lawsuits when FHFA acts ultra vires it's authority, we are golden. All lawsuits proceed. New ones get filed. It's then possible that preferred get back dividends.

Commons will catapult way beyond $43.

Note the ratio of pps preferred to common today. It will reverse after the ruling.