Fannie Mae-No Politics (FNMA)

[Ace Trader]

Both of you haven’t explained Damages!!
Apart from conversions P’s to commons the fact the GSE’s has some $40 billion in cash before the Robbery in sept 2008.

SCOTUS ruled the FHFA is unconditional! So where does that put damages in the mix ?
My assumption is they will agree to liquidate all Preferred’s to commons at par!
Your talking about 9 years of lost dividends. The fact once and if the ruling is the Gov took private property without paying for it under the 5th then legally everything gets undone but how far is up to plaintiffs and the Gov to work out a deal. Both parties will want to maximizes there Investments and court costs