Fannie Mae-No Politics (FNMA)

[Wise Man]

Our negotiator refuses to comment about the Earnings report and calls on the S.E.C. to compel the company to restate it, after it's been spotted a charge equal to "$491 million of expense attributable to a jury verdict and an award of prejudgment interest".
Zero consideration to:
1- The absence of judgment which is when the verdict takes effect,
2- The Restriction on Capital Distributions in the FHEFSSA, as the FHFA determined in the July 20, 2011 Final Rule, that the payment of Securities Litigation judgments is a capital distribution and thus, restricted (just like dividends and today's gifted SPS)
3- Let alone that the plaintiffs haven't submitted yet to court the amount of interests requested, expected on November 7th.
It will backfire: evidence that everything is rigged by the parties.
https://twitter.com/CarlosVignote/status/1719349945436651628