Fannie Mae-No Politics (FNMA)

[Sogo]

Couldn’t judges rule that since shareholders had no rights to challenge the warrants, and since the only entity that did have that right (FHFA) was in cahoots with the entity that held the warrants (Treasury), this is yet another case of self-dealing?

Treasury says ok we’ll take warrants by force / board under duress, and FHFA, you promise to not challenge the warrants.