Fannie Mae-No Politics (FNMA)

[chxal]

This provision has been under the radar but on my mind since the 8-0 win in the Lamberth case. Maybe he knows that the only damages must be declaring that the SPS is null and void, and ergo the SPS and Warrants will no longer exist? Think about it, SPS and Warrants disappear, and immediately we have $300+ Billion of equity spread between the companies' preferred and common shares??
Wowsa!