Fannie Mae-No Politics (FNMA)

[bcde]

contrarian bull,

There were no meaningful objectives for FHFA to seize of FnF and impose of Conservatorship. That is why HankTheBiggestCrook abused the official position to manipulate the markets and then along with Fed/Ben/Tim, used it as a means to force the hands of FHFA to impose conservatorship. The very immediate and substantial impact of Conservatorship was to cause worst financial meltdown in the world history.

With this in background, one can not attach any meaningful objectives to whatever FHFA has been doing with Conservatorship. To vindicate the decision to impose conservatorship, FHFA has continued to commit series of frauds with progressively more fraudulent in nature.

FHFA manipulates FnF accounts to force fraudulent massive paper losses and then forces equally fraudulent usury SPSPA. No private company management would have ever accepted the terms of SPSPA, when their company did not have any liquidity problems and very well capitalized with enough cash flows to meet all their payment obligations.

As private companies FnF did not have any obligations to use private shareholders funds to rescue the bankrupt financial crooks. If Gov wanted to bailout the financial crooks then it should have provided funds and paid fees to FnF for the rescue.

Gov did not take any risks in providing SPSPA funds to FnF and in any way it was not meant to be rescue for FnF. So FHFA once again to vindicate imposition of conservatorship continues the path of fraud, to impose 80% confiscation of FnF assets with warrants.

Courts have continued to accept the false narratives from FHFA ignoring all the pleas from shareholder plaintiffs. Courts have refused to allow plaintiffs to present their case in a trial, but continue to use false narratives provided FHFA in their rulings.

Courts should be throwing book at unaccountable FHFA for swindling private shareholder companies. Warrants are stolen crown jewels of Conservatorship frauds. Wish we had a some brave and honest judges.