Fannie Mae-No Politics (FNMA)

[philipmax]

The proposals are just that "proposals"

Assuming(?) that this land is governed by law, the Courts would have to look at the companies by-laws for takeover. NO ONE, NOT EVEN Uncle Sam, can just walk in and steal a company - even if they put up $187B - without shareholder approval.
FnF were not insolvent, so any allusions to BK law is not appropriate.
What insane hubris has gotten into the Treasury that they can just willy-nilly nullify 250 years of constitutional law?

The PPS can't be whipsawed by irresponsible proposals, no matter where they come from.

But...remember that is only assuming......and we all know what that means.