Fannie Mae-No Politics (FNMA)

[obiterdictum]

You are welcome Fully Diluted.

Was Mudd outvoted

It is not clearly stated anywhere so far that Fannie Mae and Freddie Mac the Board members voted or not for conservatorship. There is no mention of such meetings by Paulson, Lockhart or the FCIC. Below is one article that argues that no such meetings and voting took place.

https://thetruthaboutfannieandfreddie.wordpress.com/2015/11/10/fannie-and-freddie-boards-did-not-consentbecause-they-never-met/

...do you know what else legitimized the imposition of the conservatorships?

All the base information is found in The FCIC report and Henry Paulson's 2010 book, On the Brink.

See all of Chapter 17 and, if wishing to cut to the arm twisting see page 320, 2nd paragraph in the FINANCIAL CRISIS INQUIRY COMMISSION REPORT linked below. The endnotes to Chapter 17 can be read beginning on page 610 for source material.
https://cybercemetery.unt.edu/archive/fcic/20110310173545/http://c0182732.cdn1.cloudfiles.rackspacecloud.com/fcic_final_report_full.pdf

Read Chapter 1, the first 12 pages, of Henry Paulson's On the Brink.
http://library.aceondo.net/ebooks/HISTORY/On_the_Brink__Inside_the_Race_to_Stop_the_Collapse_of_the_Global_Financial_System.pdf

Missing is the Fannie Mae and Freddie Mac Chairmen and Board of Directors full narrative about this.