Fannie Mae-No Politics (FNMA)

[Wise Man]

YOU FOOL NO ONE, MR. PLAINTIFF BRYNDON FISHER.
He is talking about an Implied In Fact Contract claim, the reason why you request in Court the declaration of a retroactive Nationalization with your Derivative Takings claim.
The Implied In Fact Contract claim has already been approved by judge Lamberth, arguing that the JPS holders wouldn't have possible foreseen that the UST could sweep all the net worth of FnF to itself, leaving the JPS holders with nothing. Hence, there is a contract claim.
So, your lawsuit makes the JPS holders whole, both with the par-value amount and back dividends.