Freddie Mac-No Politics (FMCC)

[Ace Trader]

Heres the answers !

1. Is pre-judgement interest excluded from lawyer fees?
I looked on there website sometimes it's posted as the details of the class action! They are not ! so for pro bono cases it's 15% to 50%. What sounded fishy to me is that they said all shareholders are in after Dec 7th. But they never dosclosed the terms of the class action and fees. This is just an Ambulance chaser law firm chasing a big payout and boy oh boy did they get one! It won't cost them $30 million to get a settlement and they know it so thats why they took it on. Now 30% of 612 million is a good return on your time invested in this class action but at the cost of shareholders. They are dam right greedy !!!!

2. Are the combined 140B in cash sitting in FnF used to create interest income? Or are they required to keep the cash on banks and let the banks make the interest income?
This can be made up from Bonds, cash on hand in the bank and other things like Secruitys depends on what the FHFA stated how they can hold there money for the cast reserves !