Fannie Mae-No Politics (FNMA)

[Dallas66]

As far as an "agreement" being made...it was pointed out that I was incorrect when the warrants were actually issued...it was AFTER the boards agreed to conservatorship. So...based on that, the BOD of both companies had no say in the matter...the director of FHFA was in total control and had/has absolute power of decision.

Per the Pershing court filing - page 13 item 41 & 42

https://timhoward717.files.wordpress.com/2014/08/81414-ackman-complaint-2.pdf

Now the question is...did FHFA lie to the BOD...or did the BOD agree prior to C-ship...we don't know. I don't think there is a public record of those conversations...could be there is...maybe we will get some good stuff about this coming out in court. I would venture we will never know that answer, but I would certainly like to know if the BOD tossed us under the bus as well to appease the political machine.