News Focus
News Focus

955

Followers 79
Posts 8951
Boards Moderated 0
Alias Born 11/20/2009

955

Re: bcde post# 691560

Tuesday, 08/10/2021 3:03:36 AM

Tuesday, August 10, 2021 3:03:36 AM

Post# of 867414
Plaintiff attorneys motive differs from that of plaintiffs.

Not sure why the attorneys for plaintiff have never challenged the use of banking laws (HERA) to regulate insurance companies (FnF). This is the heart of FnF conservatorship problem. Unless this blatant violation of legal principles is resolved, there is no judicial solution. Shareholders of Insurance companies can never get any justice under Banking laws.


You hit the nail! Banking laws are there primarily to prevent a run on bank deposits in times of economic turmoil. Insurance companies do not share that same risk. Whoever applied banking laws to insurance companies did not have a clear understanding of how insurance companies work or were just trying to cut corners.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent FNMA News