Fannie Mae-No Politics (FNMA)

[The Man With No Name]

The warrants must be challenged BEFORE the government exercises them. Otherwise, the holders of commons are only entitled to damages corresponding to the resulting loss in share price. And if the commons should rise in blind euphoria afterwards, there will be no compensation at all - even if the rally is a dead cat bounce and commons are significantly lower two weeks later.

Likely too late to challenge the warrants as the statute of limitations has already run. (I'm not keeping up with any challenge to the warrants because the outcome will be the same regardless)

So your second sentence is true, which is why the damages will be zero, nadda, nothing...consistence with well established securities law. Any takings will be limited to less than $2B.