Replies to post #750313 on Fannie Mae-No Politics (FNMA)

[EternalPatience]

Is it possible that all the court cases plaintiffs are all TBTF appointed wolf in sheep skin, just to drag on the cases as long as possible, so that cship doesnt end and tbtf continues to gain all the GSE business?

The more and more teh cases drag on, i feel it to be the case

[familymang]

I don't have a copy of it to share but I did get to read it and can provide brief recap of the claims.

Kelly's amended complaint has 5 claims total. 4 out of the 5 claims are for JPS shareholders, and 1 is derivative claim for GSEs that should benefit JPS + common.

1-2) Direct takings claims that would only benefit JPS shareholders at the time CSHIP took place (no common claim here)
3) Derivative takings claim that would (in theory) benefit all shareholders today (would include JPS + common)
4-5) Direct JPS contracts claims that would benefit JPS shareholders today (no common claim here)