Fannie Mae-No Politics (FNMA)

[Wise Man]

The lawsuits can be expensive indeed. Crippling liabilities arise.

But it can be expensive,...

You can end up being charged with:
1- Making False Statements, for the cover-up of many statutory provisions (Restriction on Capital Distributions: Dividends, SPS LP increased for free, the Lamberth rebate; FHFA-C's Rehab power means recapitalization; Etc.) and material facts (Financial concepts: dividend, a distribution of earnings. Unavailable earnings for distribution, out of an Accumulated Deficit Retained Earnings account; The SPS LP increased for free carries an offset that reduces Core Capital, like occurred with the initial $1B SPS issued for free).
2- Conspiracy for the assault on the ownership of FnF (Common Stock), not challenging the Warrant, the 10% dividend, the SPS LP increased for free, etc.
3- Stock price manipulation.
4- Abuse of court process.

... and the less prepared you are, the more expensive it will be.

Spot on!
We have the example of the almighty and omnipresent attorney for Berkowitz, Bhatti, Rop, Robinson and Collins, David Thompson, who has recognized publicly that he is an "unsofisticated" player in Fanniegate.
For instance, this is why he wanted to settle the Fanniegate scandal with a simple $29B cash refund and the SPS LP remained outstanding. Therefore, not even $1 of Core Capital is recovered, for their adjusted $402B core capital shortfall over Minimum Leverage Capital requirement.
Nowadays, asking for debt forgiveness (like Argentina with the IMF), which is what lies behind the stance: "FnF have repaid the Treasury". As if by magic? Pathetic.
Attorney David Thompson:

With respect to capitalization, I am not a regulatory lawyer. I am a litigator....That's being watched by a number of sofisticated lawyers...

Conference Call hosted by Pagliara. 22:30 mark:https://web.archive.org/web/20200619174039/https://investorsunite.org/wp-content/uploads/2020/01/1-24-IU-Teleconference-Audio.mp3

Likewise others using other formal documents: Letters, GSE slides, books, articles, Amicus briefs, financial analyses, etc.
It isn't just speculation if it involves felonies.

Then, the accessories on social media peddling the government theft story like mad: "We've been robbed!. The money is gone!".
Always the same goal: to conceal the Separate Account plan in accordance with the law, regulation and basic Finance.