Replies to post #674392 on Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

Guido, you may want to ask Bradford my questions regarding the CFC since you appear to have some rapport with Bradford.

I’m very interested to understand how the CFC settles with a favorable Scotus considering the claims are derivative and both Commons and Preferreds have been combined into one lawsuit.

SCOTUS can essentially 0 out the LP while the CFC can repay $124 billion plus damages. A settlement will need to asses everything. Net it all out with the warrants going away and raise capital through retained earnings and third party over 5 years.

[Wingsjr]

$10,000 set aside for just that reason.

[Wingsjr]

SoL won’t apply to FnF shareholders as long as 11,000 documents remain sealed. That would fall under discovery. For now the Continued to be harmed is keeping the clock running. The government better get off its ass and settle. When the SC rules FnF will be over 10 and I can be in the fight indefinitely. Most shareholders can. The longer they draw this out the higher the cost to Uncle Sam.