Fannie Mae-No Politics (FNMA)

[bcde]

"If it was an investment and not a loan, then there should have been no dividends during conservatorship. That’s what the plaintiffs’ lawyers and a couple of judges have said. The government can’t have it both ways.
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Guido2,
Excellent point. If it was equity investment then there should have been no dividends that would have depleted the capital of already under capitalized companies.

But mafia conservatorship went one step further and started NWS to bankrupt the companies. How did Judge Lamberth and Perry appeals court ignored this?