Fannie Mae-No Politics (FNMA)

[kthomp19]

And I think *if* this ever gets back in front of the SCOTUS or another jury for damages, it's going to be hard to argue that math.

What is "this"? What case do you think will be heard by the Supreme Court or a jury?

The probably that the LP gets adjusted to zero is much greater today than it was prior to this year.

As I pointed out before, the jury verdict (indeed, the entire case) had nothing at all to do with the senior preferred shares or the liquidation preference or the Treasury Department at all. If you're using the jury verdict as your basis for this increased probability you really should reconsider.

I truly cannot wrap my mind around the idea that a jury verdict in a case that found no wrongdoing at all by Treasury (they weren't even a party to the case!) could lead to Treasury taking an action they otherwise wouldn't have.