Replies to post #560506 on Fannie Mae-No Politics (FNMA)

[upfnma]

The Washington Federal lawsuit is not just a bunch of allegations of some plaintiffs. It is the best and most comprehensive of all the lawsuits.

The lead attorney is Steve Berman.

https://www.hbsslaw.com/attorneys/managing-partner/steve-w-berman-managing-partner

"Served as co-lead counsel against Big Tobacco, resulting in the largest settlement in world history, and at the time the largest automotive, antitrust, ERISA and securities settlements in U.S. history."

[bcde]

"'m glad you used quotes, because otherwise your statement is incorrect. All you did was quote an allegation from a plaintiff, not a finding by a court.

Also, notice that these plaintiffs do not seek to overturn or otherwise invalidate the warrants. All they seek is money damages for pre-conservatorship shareholders. That is, even if they win the warrants will still exist."

You are oblivious to reality. Not even one hypothesis of yours has come true.

Warrants are a serious threat to recapitalization/release of FnF. UST has made big profits on SPS with usury dividends. Warrants go against WH memo to end conservatorship and eliminate all risks to taxpayers.

The best option would buyback at UST valuations.