$fnma #fanniegate
Owl Creek, Appaloosa, Akanthos, CSS, and Mason Capital want Judge Sweeney to enter a Third Amended Protective Order that will include them in the definition of “Parties” to ensure that…
$FNMA #FANNIEGATE
Three Highfields Capital partnerships, which own both junior preferred and common shares in both GSEs, filed a lawsuit in the U.S. Court of Federal Claims yesterday. A copy of the…
$FNMA #FANNIEGATE “or otherwise converted to common equity”
Any recapitalization would require the existing balance of Senior Preferred Stock to be deemed to be repaid (e.g., payments in excess of the original 10% contractual rate be treated as…