Fannie Mae-No Politics (FNMA)

[imtheshadow]

I won't be surprised if we lose the "for cause"/constitutional issue on the technicality that that the nws was signed by an acting director who could be terminated for any reason (at least that is my understanding of what I've read) ... re succession and anti-injunction, they both seem to hinge on whether or not the court believes shareholders should have to rely on FHFA suing itself when there is a clear conflict of interest ... I think we should win one or both of these as otherwise there would be NO checks and balances on a conservator run amok ... I think I could see how a win on the succession issue might allow other direct claims but not sure how that would work with the anti-injunction ... btw, many thanks for all of the great research you share