Fannie Mae-No Politics (FNMA)

[kthomp19]

How could a shareholder reasonably believe that profits would be taken in perpetuity?

I would reverse the question: post-NWS, given that FnF have sent the full NWS dividend to Treasury every quarter, how could one reasonably believe that they would stop?

Lamberth ruled that the NWS defied investors' reasonable expectations, but that was for those who held shares when it was imposed. It's hardly unreasonable to expect the NWS to continue once it started.