Fannie Mae (FNMA)

[kthomp19]

You know, I just roll my eyes upward in disbelief that the USSCT can let the biggest theft in US Corporate History go on right in front of everyone and deny the Plaintiff Shareholders their day in court on the issue!

We are just going to have to get used to it. The Supreme Court has now said that not only was the NWS legal (an authorized act of a conservator), it wasn't even a taking!

As bizarre, incomprehensible, and stupid as I think those rulings are (and I know I am not alone in that opinion), that's the reality we have to deal with. I have always found talk of what one thinks should happen is useless compared to talk of what will happen. This is where I will continue to focus: what is the path forward for FHFA and Treasury in light of today's denial of cert on the takings cases?

I find talk of what should have happened to be even more useless.