Replies to post #305395 on Fannie Mae-No Politics (FNMA)

[Dollars1]

Sorry, I was looking at Isaac's brief. Here's the table of contents to give you an idea. It's 63 pages. :)
ARGUMENT ...................................................................................................10
I. The District Court Erred in Finding that FHFA Was Acting as a Conservator............................................................................................. 10
II. Due Process Requires that Shareholders in a Conservatorship be
Provided with an Avenue for Relief ......................................................... 17
III. Corporate Stakeholders Retain Rights in a Conservatorship Which
Cannot Be Less Than What They Would Have in a Receivership .............. 21
IV. The District Court’s Decision Will Seriously Unsettle Expectations
for Investors in Financial Institutions and Housing-Related Securities
and Produce Significant Economic Dislocations .......................................24

[Dollars1]

Here's table of contents from 60plus brief :)
ARGUMENT ............................................................................................................5
THE DISTRICT COURT DECISION MISPERCEIVED AND INCORRECTLY APPLIED FUNDAMENTAL PRINCIPLES THAT GOVERN THE FIDUCIARY DUTIES OF CONSERVATORS ......................5
A. The Dual Roles Of A Conservator in Probate Law......................................7
1. A Conservator Has A Duty to Conserve The Conservatee’s Autonomy .........................................................................................................................7
2. A Conservator, As A Fiduciary, Owes The Conservatee The Duty of Loyalty And The Duty To Prudently Conserve The Conservatee’s Estate .............................................................................................................1 1
B.
The Companies As Their Conservator...............................................................13
The Net Worth Sweep Amendment Violates Duties The FHFA Owes To
1. A Conservator Breaches The Duty To Rehabilitate The Conservatee By Acting To Wind Down The Conservatee’s Assets...........................14
2. A Conservator Breaches The Duty Of Loyalty By Providing A Windfall To A Third Party To The Detriment Of The Conservatee ...16
3. A Conservator Breaches The Duty To Prudently Conserve The Estate By Acting To Wind Down The Conservatee’s Assets When The Conservatee Has Achieved Financial Stability ......................................20