Fannie Mae-No Politics (FNMA)

[imtheshadow]

No, it wouldn't surprise me, but I will be incredibly angry that our country that espouses how great we are because of our adherence to the rule of law - and a supposed beacon for capitalism - completely TRAMPLED on shareholder rights in the face of proven lying ... even without the other 11K docs. I could even accept that the gov't took over FnF to BAILOUT the TBTFB and avoid an even worse crisis ... but then we should have been compensated for the taking. With very few exceptions, we have been let down by judges in an unimaginable way ... beginning with the decision that the conservator did NOT have to preserve and conserve the assets because HERA says they "may" do so, not "must". So with conserving assets deemed optional, and receivership too complicated, they just stole the companies in plain sight. I wonder how many investors have died, or suffered tremendous financial harm, while our own f'ing gov't AND judges denied us justice for 12 f'ing years and counting. Sorry, just needed to vent.