Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

There's interest too, under Virginia Law (Freddie Mac), it's 6% simple interest per one of the Plaintiffs Class Expert Witnesses today. Fannie Mae is TBD by the Jurors I believe.

Personally, I'd like to see the Government lose and I hope the Jurors are as outraged as the rest of us are. Appeals will eventually be exhausted and the eventual payout will be welcome for many of the Fannie Mae and Freddie Mac shareholders as they haven't received one thin dime since 2Q08 (Freddie Mac shareholders) and 3Q08 (Fannie Mae Shareholders).

It would also replenish some funds for the largest shareholders who have spent over a decade bankrolling the litigation against an adversary with virtually unlimited resources and time.