Fannie Mae (FNMA)

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Latest from Epstein - A Tale of Two Bailouts: AIG, Fannie and Freddie and Beyond $FNMA

http://investorsunite.org/discussion/topic/a-tale-of-two-bailouts-aig-fannie-and-freddie-and-beyond/

"It has been some time since my last Forbes column on Fannie and Freddie. After eight weeks in Court, it appears as though the AIG trial, in which former AIG CEO Maurice (“Hank”) Greenberg is mounting a challenge to recover some $40 billion for shareholders from the United States, by attacking all the steps in the multi-billion U.S. bailout, initiated in September 2008, which started at $85 billion, but may have run to as much as $180 billion by May 2009. While separate arguments, there are some instructive elements to contrast the developments in the ongoing AIG dispute with those in connection with the multiple lawsuits brought by the private shareholders (both junior preferreds and common) of Fannie Mae and Freddie Mac against both the Federal Housing Finance Authority (FHFA) and the United States Treasury."

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http://investorsunite.org/discussion/topic/a-tale-of-two-bailouts-aig-fannie-and-freddie-and-beyond/