Fannie Mae (FNMA)

[Patswil]

Katie Buehler @bykatiebuehler
Attorneys presented closing arguments in DC federal court today over
@FannieMae
&
@FreddieMac
shareholders' claim that the
@FHFA
in 2012 improperly amended terms of the companies' 2008 bailout plan to allow Treasury to sweep up the pair's net worths.
(Warning: long🧵)
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Katie Buehler
@bykatiebuehler
The shareholders added the FHFA's DTA argument is "utterly insane."

They warned the jury that there are "two sides to the story, but only one set of facts."
Katie Buehler
@bykatiebuehler
·
14m
The jury will begin deliberations in the case at 10 a.m. tomorrow after they're read final instructions by the judge.