Fannie Mae-No Politics (FNMA)

[capitalismforever]

How do you know and where does it say that the shareholders would be wiped out in that law? Secondly would it be just the commons or the preferred shareholders as well? Can you please clarify these two questions and give reference? Thanks. :)

HERA, Page 109, [122 STAT. 2761]: https://www.gpo.gov/fdsys/pkg/PLAW-110publ289/pdf/PLAW-110publ289.pdf

It CAN be both.