Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

But we're in never ending conservatorships where the federal government on August 17, 2012, took all our profits into perpetuity and today takes those profits with something called a 'liquidation preference'.

So are we in conservatorships or receiverships or is it an 'administrative bankruptcy'.?

If SVB gets auctioned off and it's sale price exceeds all outstanding liabilities less administrative costs will SVB Shareholders receive the excess or will the federal government transfer those funds to the FDIC and/or the US Treasury?