What the UBS settlement meant was not picked up on

What the UBS settlement meant was not picked up on all the way Friday.  Face value, it just looked like another positive step forward in a lawsuit.  But, over the weekend, A LOT of people have probably realized what this truly means.

The precedent has been set.

All those other lawsuits may be set up like dominoes now.  Furthermore, that money is not a profit.  It is a reward from an issue BEFORE the conservatorship to MAKE WHOLE a damage to them.  This gives the "pay back" on the bail out notion a HUGE burst of energy.

All the puzzle pieces fit.  Do you think the filing of all these suits is a coincidence that it runs along side now the biggest net profit in Fannie history?  No.  They didn't happen at the same time by chance; it's (I believe) by design.

What design?

An effort to get out from under the conservatorship, in my opinion.

The treasury makes the final calls in the end.  If you think of it that way, they allowed these lawsuits.  Why would they allow them to hit at the same time as these huge huge profits?  And now DTAs sitting on deck.

It's all lined up!