Fannie Mae-No Politics (FNMA)

[kthomp19]

BY WHO???

Exactly. Whenever someone says that a lawsuit will be brought and I ask if they are going to file it themselves, it's nearly always met with either silence or a sheepish pointing of the finger. Always waiting for someone else to do the dirty work.

Even the ones who have said they will bring their own lawsuits have failed to do so. It's always some excuse. The funniest one is "it's not ripe yet!"

Not only is that usually false (as it is in the case of a lawsuit regarding the warrants or a senior-to-common conversion), it would be useless at that point because the dilution wouldn't be able to be undone.