Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

This is a case ROLG found in the Delaware Chancery court that is relevant to the Lamberth case: "The law presumes that parties never accept the risk that their counterparties will exercise their contractual discretion in bad faith."

Did any long term holders really expect a conservator to salt the Earth with the carcasses of their conservatees?

Amirsaleh v. Bd. of Trade of N.Y.C., Inc., 2008 WL 4182998, at *1 (Del. Ch. Sept. 11, 2008) (Chandler, C.)