Replies to post #406773 on Fannie Mae-No Politics (FNMA)

[Mikey Mike]

People take actions, actions make changes to the outcome...a new staff has been made in charge, statements have been made that are much different than the past adminstration's "turning the page theory", a new cycle has begun...the wind is now blowing on the backs of the shareholders...but everyone is entitled to their own opinion...

[Mikey Mike]

Just wanted to make sure you didn't miss at the bottom of my posting since the jpg blew up...because I only saw a partial quote of my post...and I didn't hear a response...

If the government continues to siphon the profits which causes the GSE's to either continue to draw upon the treasury or causes the GSE's to go into receivership, you don't think any responsibility will be in the hands of the government? How about shareholder rights during receivership...what other lawsuits will arise for the government causing the receivership?

Collateral was given to the government in the form of shares including the right to convert to commons in return for a line of credit...how can credit be taken back without return of the right to purchase or convert shares or the right to sell current shares in hand? Lew has already stated that the tax payers were paid back in his testimony to Congress...

Mandatory receivership by default due to confiscation of 100% profit will be a hard sell by the government to say in court...