Fannie Mae-No Politics (FNMA)

[Wise Man]

Multiple felonies committed during Conservatorship pertaining to Securities Fraud:
-SPS that increase the Liquidation Value instead of issuing new SPS.
-Accounting fraud with the SPS issued for free reducing the Net Income. It isn't an expense for the shareholders and it can't appear on the Income Statement.

Don't tell me that the Govt can't announce that the SPS were held at $0 par-value in 2013 with the dividend payments or redeemed, primarily because that's exactly what is set forth in HERA, otherwise the dividends are restricted during Conservatorship.