Replies to post #377272 on Fannie Mae-No Politics (FNMA)

[tcj]

You mention that Ackman has no case before the court, which is true. He did, however, file suit against the gov. in 2014 claiming that they illegally confiscated GSE profits.

He initially voluntarily dropped one suit and later the second I believe. What role do you see him playing in this settlement and why do you think that he dropped his suits? Could it be that he is working with other litigants, funding their suits, etc.? Perhaps this is a better strategy to have access to different courts/judges. I don't see him just idly standing by without strategic involvement.

As for warrants, what is your opinion on whether or not they are exercised in some fashion based on your knowledge of the situation?

[big-yank]

Here is a second article to contribute to the conversation, especially the aspect of the warrants.

https://www.ft.com/content/a661d6fe-b205-11e6-a37c-f4a01f1b0fa1

The link is also available on Bing under "Fannie and Freddie investors look to Trump" from the Financial Times publication.

I will continue digging for more, time permitting.

The issue of warrants may not be the primary focus of the majority of lawsuits, but it seems to be near the top of the priority list for many investors active on both this and other discussion forums. It has been an almost dominant and, frankly, somewhat explosively debated topic on th717 over the past few weeks.

Howard's comments, to me, are suspiciously corroborative of much of the content in Bruce Berkowitz's initial Fairholme Offer. That is just my opinion. Howard is also an advisor to Fairholme, from my recollection.

I hope your prediction on warrants entering the public forum proves to be correct. Conservative political doctrine has always supported a separation between private enterprise and government. Unlike FDIC conservatorships which have been around long enough to be understood and accepted by the public, the conservatorship of the GSEs has never gained adequate public scrutiny or political importance... my opinion, once again. Perhaps 2017 will be the year when this changes, something I would surely applaud.