Fannie Mae (FNMA)

[Rodney5]

Again, Justice Breyer told the Plaintiffs how to win!

The central fundamental MISTAKE with the JPS Holders lawsuit.

THE SHAREHOLDERS DIVIDENDS ARE JEOPARDIZED. Wrong

The focus point should have been,

The Shareholders have lost both companies to the Treasury. ALL THE CASH THAT CAN BE TAKEN OUT OF THE BUSINESS DURING ITS REMAINING LIFE.

SUPREME COURT OF THE UNITED STATES

Justice Breyer told the Plaintiffs how to win! AND the Plaintiffs focus is on LOSS DIVIDENDS.

UPMOST IMPORTANT: JUSTICE BREYER: Quote: “Thank you. I think in reading this you could, with trying to simplify as much as possible, do you -- the shareholders' claim as saying we bought into this corporation, it was supposed to be private as well as having a public side, and then the government nationalized it. That's what they did. If you look at their giving the net worth to Treasury, it's nationalizing the company. Now, whatever conservators do and receivers do, they don't nationalize companies. And when they nationalized this company, naturally they paid us nothing and our shares became worthless. And so what do you say?” End of Quote, page 12

Link: https://www.supremecourt.gov/oral_arguments/argument_transcripts/2020/19-422_3e04.pdf