Fannie Mae-No Politics (FNMA)

[mrfence]

This refers to the previous Privately Elected by Shareholders BOD that agreed to C-ship...

Quote:
(6) Directors not liable for acquiescing in appointment of conservator or receiver

The members of the board of directors of a regulated entity shall not be liable to the shareholders or creditors of the regulated entity for acquiescing in or consenting in good faith to the appointment of the Agency as conservator or receiver for that regulated entity.

...as opposed to the succeeding Gooberment Appointed BOD that replaced the former Privately Elected by Shareholders BOD.