Fannie Mae-No Politics (FNMA)

[Rodney5]

Even the common stock short seller our friend KT admitted it was stealing.

Kthomp Quote: "Yes, the companies were adequately capitalized when they were put into conservatorship. Shortly thereafter, when Lockhart stuffed FnF full of non-cash accounting losses, they went balance sheet insolvent. None of that has made a bit of difference in court so far." End of Quote

Note: "so far"

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173554089

James Lockhart, admitting to Mr. Congressman Alan Grayson It was the Deferred Tax Assets. Around the 4:00 minute mark. Lockhart said it was a problem that’s laughable, TAX ASSETS are not a problem, YES! Problem for the Treasury/FHFA had to force the companies to write down all the DTA’s to make the companies appear bankrupted!
Link: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169956352