Fannie Mae-No Politics (FNMA)

[Guido2]

Which law?

It is just voodoo accounting. Fannie Mae and Freddie Mac had more capital before conservatorship than they do now. In the meantime they earned $300 billion. Calabria and his predecessors as "conservators" entered into agreements to create zombies of two of the most profitable corporations in the world.

A conservator's primary duty is to preserve and conserve the assets of it's wards. Anything else is illegal. THAT IS THE LAW!