Fannie Mae-No Politics (FNMA)

[bcde]

Rekcusdo,

Saying that whatever Gov does is legal and lawful, is 100% incorrect.
"Courts rule against Gov all the time" and even void/modify the laws.

Gov never told investors not to buy FnF shares. In fact Gov told that FnF shares will be valid and will have market value pre and post Conservatorship.

FnF still show all the common and pref shares in their financial reports.
Gov Bureaucrats or judges can not just rule on how much private company shares are worth. It is the market that is going decide on the value.

As per the original SPSPA, Gov investment was redeemable. But Tim and Ed ( may be BO) decided that Gov can do what ever it wants, even it is expropriation from private shareholder companies. Until SCOTUS decides on this nothing is final.

Shareholders best investment bet is SCOTUS will not rule to end the democracy, free market economy, Bill of rights and will not make a Banana Republic out of USA.

The greatest memorable quote is:
"The question in front of the Court was NOT whether investor made the right or wrong bet. Investors made the bet that the rule of law will prevail and this forms the basis for reasonable investment-backed expectation. In this country, everyone is entitled to win that bet." -
- Judge Brown