Replies to post #574355 on Fannie Mae-No Politics (FNMA)

[AZrealestate]

Precisely!

[Golfbum22]

Nooch must be going nuts worrying about what cat man do nothing is going to say next.

LMOA

[TRCPA]

Sounds like he is almost anticipating some form of damages (perhaps not the legal definition) to be paid to the shareholders.

This probably came from the behind the scenes items he was referring to. I can guess that Ackman/Pershing Square weighed in heavily, especially after the congressional hearings. They certainly have cause to, among others.

It might just be that $25-$30 billion credit to be used as part of the capital plank ( Washington Analysis) from treasury to get them quickly to exit c-ship with the consent decree.

[krab]

Absolutely damages to shareholder, missing dividends for the past 10 years !!

[kthomp19]

Just admitted there were damages caused to shareholders.

No he didn't. Please read the article again.

His statement of “I don’t have any money to pay anyone damages, so that will be decided by somebody else.” only means that if damages are awarded by a court, they would not be paid by FHFA.