Replies to post #16116 on Fannie Mae Preferred S (FNMAS)

[rosen62]

Agree on both.

His ruling will impact future bailouts to a great extent.

As for HERA language, I am adding... the language in question is the specific mention to "preserve and conserve" and "safe and sound (or solvent) condition". I am hoping judges also find that HERA language wasn't meant to allow for stripping the companies of all their earnings.