Yank, I don;t take Bloomberg seriously since they are clearly on the pro-Wall Street (their main clientele) side, hence pro-TBTF bank lobby.
That was the usual sad hit piece from them
The work on FnF can be done and dusted by January, IF they go the retained earnings route, since no offering is needed in January -- hence no election year controversy
All that is involved are complex agreements between Treasury and FHFA that will be too boring for public to care about
And IF en banc ruling is positive, that justifies those new agreements to correct Obama administration malfeasance