Replies to post #756314 on Fannie Mae-No Politics (FNMA)

[familymang]

Irrelevant, but to answer your question the GSEs haven't paid back a single penny of the senior preferreds LP as per the letter of the law, it has all been dividend payments to date. GSEs owe uncle Sam close to $300b now since the LP just keeps increasing with every $ they get to retain. And no court has ruled otherwise.

[5bagger]

Good points Guido as AIG had paid back zero

I seem to recall the govt. "lost" the case, but since they were worthless, the damages was zero.

Not the case here.