"If USG exercises the warrants many more lawsuits will follow."
Getting $100B to $150B for 80% SPSPA warrants may be good for all. It also means that victimized common shareholders will also get atleast $12 to $18 per share.
But the very simple question would be which naïve or foolish investors will invest $100B to $150B in companies that have been under tyrannical and dictatorial FHFA regulator and FHFA black box Conservatorship. BTW Gov will never allow any private entities to control FnF and there is always the risk of another Conservatorship swindling at any time in the future.
Various investment rules and regulations prevent Institutional investors from investing in such companies. Just before Gov Conservatorship, institutional investors invested $20B in JPS based on official assurances but without knowing that the same officials were conspiring to undermine the same investors.
Best option for Gov is to be satisfied with reasonable ROI and get out of the unlawful mess the feckless politicians and bureaucrats have created with conservatorship.
Not sure why any honest and patriotic official wants to continue to showcase such a shameful political and bureaucratic abuse in the US history. The quicker this gets resolved it is better for all.
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