Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Articles I'm reading say that all PUNITIVE awarded damages are taxed as ordinary income, but other types of awards will need to have all questions directed too whoever the sttlement agent is. I'm reading that is very dependent upon how whatever settlement is looked at. Certain settlements, the award may go to you and no taxes due right then on the morney, but can be added to your cost basis later, and taxes will be due once you sell those shares.

$16 a share is nothing! That works out to approx $1.14 a year, or 0.28 cents per quarter. Maybe that proposed settlement should have ended with the words "tax free"? Thatvwould be a great punitive damage award! Lol

I hope Hamish Hume points out to that jury that this is not only a fight for fannie and freddie, but a fight for the future of free market capitalism and all investors property rights! If government wins, then look out Tesla, Microsoft, Amazon, etc. Anytime government starts running short on taxpayer funds they can go and throw another fat piggy back company into conservatorship, claim a death spiral and proceed to NWS all investor and company monies. A jury will understand the implications if plainly explained.