Fannie Mae-No Politics (FNMA)

[Wise Man]

Guido's "Federal conservatorship" was only mentioned by Maxine_Waters before. Coincidence? Everyone else just says "conservatorship" or "FHFA conservatorship".
Thinking that it would change the fact that a conservatorship preserves their status as private shareholder owned-enterprises that I mentioned before.
Yes, the FHFA director appointed the FHFA conservator of FnF, as set forth in the law.
Our rights and powers are transferred to the conservator to help it carry out its functions, otherwise two-thirds shareholder vote would still be necessary as always and we would have opted out of every single measure, for the sake of just saying "No". And so do the management's and BOD's, that have continued performing their functions. It's when Fiduciary Duties (plural form) emerge, as occurs always that someone is acting on behalf of other. It's not acting in our best interests like a Trustee, but there are more fiduciary duties, something that judge Sweeney skipped: Duty of care (broken), confidentiality (broken in the Lamberth court), loyalty (broken), good faith (broken), prudence (broken) and disclosure (broken)

A conservatorship regulated by law, over congressionally-chartered private corporations and their soundness and solvency is also overseen by law.
In FnF, everything is decided, controlled and required by law. This is why the Fanniegate scandal is laughable, based on the coverup of statutory provisions in court and basic financial concepts like "dividends, a distribution of earnings", impossible with Accumulated Deficit Retained Earnings accounts, with the help of laymen shouting out loud on social media and rookie attorneys financial illiterates, hired by hedge fund managers.
This reminds me a well-known NYT reporter stressing: "Their name starts with Federal, no?", as if it changed anything about their legal status.
1968 law. Privatization of Fannie Mae:

It seems that your boss Tim Pagliara has frequent conversations with Maxine Waters. A chamber investor.
The same stance ("Thanks for sharing") as the other plotters Gary Hindes and Timothy Howard, that leads to a swap JPS for Cs, Warrant exercised and stock offerings.
This is why the payment of Punitive damages by the plotters that have decimated the share price with their stance written in formal documents (Ackman's letters with "re-privatization" and "FnF continue to build capital through retained earnings", etc), is of supreme importance (deterrence)