the government by all means can put google into conservatorship tomorrow
No they can't. HERA authorized FHFA's conservatorship of FnF, and it has a very specific set of criteria. Now, the only one that was met was the consent of the board, which is alleged to be coerced, but here we are.
1) after a new investor enters(after RRR) , it also will happen to them in the next crisis and all they invested will be lost in perpetually, and they need to sue the government for more than 10 years
This sounds like a variant of "shareholders must be made whole for new buyers to be willing to invest". The problem with this argument is that compensating current shareholders is no solace, because the new buyers will be in the shoes of the 2008 shareholders (not the 2019 ones) in the case of another conservatorship. Thus, to reassure new investors the government should compensate the 2008 shareholders. Do you think that's going to happen? I don't. Instead, the new buyers will just have to live with the risk, and that risk will just serve to drive the offering price down.
2) the government cannot seize a company and drain it into perpetually, no law says that is even an option
I agree.
maybe the whole thing was a hoax, then the 16.1B will not apply IMO
No current plaintiff is seeking to have the entire conservatorship overturned. It's not going to happen until and unless someone brings a lawsuit seeking that remedy, and even then it would take many years to make its way through the courts.
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