Fannie Mae-No Politics (FNMA)

[FOFreddie]

Thanks JoOakly and FFF - How do you see a rights offering structured? Isnt there a money amount difference between the Liquidation Value and the Face Value of the SPS - at a minimum there should be a material reduction in the SPS value which should be allocated to legacy common?

If it is soon how does the UST handle the outstanding litigation? Doesnt there have to be a settlement?