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Re: -adk- post# 186295

Monday, 03/10/2014 2:44:26 PM

Monday, March 10, 2014 2:44:26 PM

Post# of 799853
That is why the focus of the lawsuits needs to be on the fraud & conspiracy committed against taxpayers/shareholders.






"Some lawmakers have said taxpayers are entitled to generous returns because the government agreed to accept nearly unlimited losses during the crisis, nursing the companies back to health. “I was a venture capitalist for a lot longer than I’ve been a politician. If I had put $180 billion into Fannie and Freddie back in 2009, I’d expect more than a 1 to 1 return on that,” said Sen. Mark Warner (D., Va.) at a conference last fall. “So once I got a 30-to-1 return…talk to me about Fannie and Freddie making money.”"



This is why the argument faces a somewhat uphill battle. People with this mentality are the ones who will fight this tooth and nail before just "giving it back" to the shareholders.