Fannie Mae-No Politics (FNMA)

[kthomp19]

In Paulsons book Paulson bragged how he nationalized the GSEs.

On the Brink was rather nauseating reading. But if the original SPSPAs really were meant to nationalize FnF then they did a pretty poor job of it given that it took the NWS to finish the job.

Why hadn’t the courts issued an injunction to
Prevent exercising the warrants till this is decided.

Because no plaintiff has asked them to.

After all nationalized without compensation is illegal.

If the events of 2008 really were nationalization then the compensation is owed only to those who held shares at the time. That's the Washington Federal case. "Rights travel with the shares" means nothing there.




(from another post)

How about injunction to stop government exercising until court cases settled . Just to start.

Again, nobody has asked them to. Anyone who wants such injunctive relief will need to file their own lawsuit. The fact that this hasn't happened yet shows that they must not want it that badly. Inactions speak louder than words.