Fannie Mae-No Politics (FNMA)

[jeddiemack]

Read the language again.

She said... that under conservatorship it could do what ever it wanted without regard to anybody else. And that included giving away 100% of the equity of the company. Meaning if they were to "sell or give away assets" with or without paying down liabilities that they could. As there is no judicial or other review.

Meaning in essence conservatorship is equal to receivership.

Further, and this is of real crazy interest. Don't you know that the FHFA could infact sell your shares at no cost to whomever it wants; because - they have all your rights as shareholders. All your rights including rights of ownership.

Now how does that make you feel.