Fannie Mae-No Politics (FNMA)

[imtheshadow]

bull, takings claim, if there is one, would be when they were put into cship, not after (as you point out because of HERA (though the constitutionality of HERA is still a question)). So courts would have to decide if fnf had a positive net worth at time of taking. Remember the gov't can take property for their purposes, but there is also supposed to be "just compensation". Bottom line ... without a court win soon, we will have very little if any leverage in a RRR scenario which, folks forget, could totally take place without any existing shareholders. I'm hopeful this will turn out different but I am not drinking any Koolaid either. cheers