Fannie Mae Preferred S (FNMAS)

[mhill_fin]

I don't know if we can get enough support on it. It seems like no one wants to be associated with helping a tarnished company and it's shareholders.

My guess is the lawsuits help the treasury do the right thing. They can now say that they had no intention of letting the shareholders share in the GSE profits, but that they were legally backed into a corner and had no other legal option but to settle.