Replies to post #302905 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

re AIG case and forthcoming decision

let us all keep in mind IMO

1. There are clear similarities

2. For sure if plaintiff wins FNMA goes up

3. For sure if plaintiff loses FNMA goes down

but
let us keep in mind the differences in our case09999999999999e

There the challenge is the first action - the very first action during emergency and chaotic times is being challenged as too onerous - too expansive and expensive

In the case of FNMA EQUITY CURRENT MAJOR cases - FNMA the attack is on the CHANGE in the deal AFTER the original onerous action. The focus of Fairholme is there was a switch post fact - that switch had one entity - Treasury - on both sides of the deal - (offering it and accepting it)_ --- and the third amendment in our case would kill the company as it is not a debate on 10 20 30 percent interest but on how the H does the GOV take it all - a complete taking with no compensation to original owners (actually no compensation to owners at that time)

Big legal distinction - Big time