Fannie Mae-No Politics (FNMA)

[philipmax]

Great!
Let's follow due process and not gangsterism. The problems were the fault of everyone in the financial control of the nations' money,including the very same people who engineered the takeovers.
The fact that Treasury had to "rescue" the whole banking system with dictatorial decisions as to who dies (LEH, BS, WM) and who survives(C, JPM, GS) is a matter that will haunt this nation for many years to come. No one in the industry or government has been convicted, so maybe the whole financial meltdown was a scam, engineered carefully over years, to steal these assets.
Basically,we have not established that the Treasury was acting in a lawful way by confiscating private property. We have to litigate the whole process. That is why AIG's lawsuit in Federal Court against Treasury is making them wet their pants.