Fannie Mae-No Politics (FNMA)

[bcde]

"Shareholders who bought before the NWS?...yes. Shareholders who bought after will likely not have standing to sue. "

rek,

What you are saying is, when shares are traded, somehow standing vanishes.
The selling party loses standing, because it is no longer party to agreement and then as per your opinion the buying party also loses standing for some magical reasons.

If one applies your opinion, then only original shareholders have standing and no one else, in case company management violates contractual agreements. This is not the case in real world.

When FHFA signed as a conservator for FnF, it was an act of a private shareholder company (FnF) and not an act of a Gov agency. This is what FHFA claims. But this is only part of the story.

Does standing still matters, if FnF (conservator) are sued instead of FHFA?


(If it is the same answer then please ignore).