Replies to post #303136 on Fannie Mae-No Politics (FNMA)

[3antar]

I say,, wow wow wow wow we are golden

[955]

Restated for Fannie & Freddie: There is no law permitting the Treasury to take over a company and run it's business under a false pretense of 'conservatorship' in the commercial world as consideration for a loan.

Treasury IS directing this 'conservatorship'.

He ruled that "There is no law permitting the Federal Reserve to take over a company and run it's business in the commercial world as consideration for a loan"