Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Contract claims mean jack squat in conservatorship! What is it that JPS holders do not understand about the term "FHFA conservator assumes all shareholders rights?" It does not say ONLY commons rights. They own the majority of preferreds (seniors) and commons, if warrants are exercised, therefore they can do to the JPS holders whatever they want.

The one lawsuit both share classes should have done was go after the old BOD who allowed this catastrophe. Put them under oath and let them finger, call out the governments lies and theft.