Replies to post #588527 on Fannie Mae-No Politics (FNMA)

[chessmaster315]

Obit
Do you have an opinion on "The GSE BOND TRUST Settlement" letter that many of us have received?
My letter says, "In re: GSE Bonds Antitrust Litigation Settlemen".
The letter says its a "Court approveed Notice". and the address is Milwaukee Wi.
My question is in regard to the bonds. It would appear the Bondholders were not harmed, but rather the shareholders.
In previous settlements, the money (apparently) wound up in the USTreasury, as dividends, because of the net worth sweep.
Its curious as I have never owned "GSE BONDS", so I am guessing that this settlement applies to at least some shareholders who owned shares at a specific period of time.
I would appreciate your opinion on this settlement, specifically if it applies to shareholders or bondholders alone. (I cant see how bondholders were damaged, just shareholders, since FNMA guarantees the bonds).

[FFFacts]

I concur with substantially all of your writings on this matter. My only disagreement was with the below.

There is no law or legal precedent that mandates that a statute absent a severability clause is toast if one or more provisions of that statute are found unconstitutional.