Fannie Mae-No Politics (FNMA)

[Wise Man]

That's NOT our LIBOR interest rate lawsuit.
That's a settlement with the Exchange-Based Plaintiffs that transacted in LIBOR-based Eurodollar futures or options on exchanges.
https://www.usdliboreurodollarsettlements.com/

We are among the ones called OTC plaintiffs with direct claims. Those that transacted in interest rate swaps, for hedging the interest rate risk. Due to lack of popularity of this product as a result of this scandal, we have today's banking crisis with the massive unrealized losses unaccounted for (Liquidity and Solvency Risk in bad times), because the unrealized losses aren't the problem in themselves.

There is also the Class Action Plaintiffs, those with economic harm due to LIBOR-based investments: currencies, bonds, deposits, derivatives, etc.

We are talking about the well-functioning of the financial markets and the LIBOR case should go to trial and get treble damages. No settlement whatsoever.
It seems that there is a business with the banks committing fraud and the attorneys settling for maximum the loss incurred, which was the profit for the bank. So, a fraud at no cost for the "try again later", and a big payday for the attorneys.
Beware of "Boris the Spider".
I have a very good idea about who is behind this alias. He regularly writes with 2 aliases on this board, even bashing the Lamberth's fat bonus with an alias pretending to be a foreign guy, in order to pump his lawsuit in court, because he always loves to be in the limelight.
He fuels speculation of a settlement to solve a dispute with the crooked Fanniegate plaintiffs.
The famous negotiation: "The government comes to me", stated by the attorney for Berkowitz, the "unsophisticated lawyer" David Thompson, he told us. Basically recognizing that he is a financial illiterate, thinking of his defense strategy if he is called out one day: Capital distribution? Never heard of that; I don't understand. Ask the sophisticated lawyers for an answer. I'm just a litigator; Etc..
The link to the Conference Call hosted by Pagliara was posted yesterday, to listen to both remarks.