InvestorsHub Logo
Followers 8
Posts 682
Boards Moderated 0
Alias Born 07/13/2016

Re: contrarian bull post# 423883

Tuesday, 08/08/2017 3:51:22 PM

Tuesday, August 08, 2017 3:51:22 PM

Post# of 795813
I don't think they will stop without a court order - which is very unlikely for the reasons you note. It may ultimately be that fnf could be used anyway the gov't wants, for any reason, then the question is do we have a takings claim - and if we do, what would be the value? I think we would have a takings claim, but the govt would replay the AIG argument and say our shares are worthless, or nearly so, UNLESS we can demonstrate that the original placement in cship was a scam. Since so many support or accept that fnf NEEDED the "bailout" - even those who are pro fnf - we could still be screwed. Yes, that is the worst case scenario and I hope to god that doesn't happen as otherwise the gov't would have literally stolen two of the largest and most profitable companies in the world in broad day light. All because of "may" instead of "shall". Holy sheet.