Replies to post #410613 on Fannie Mae-No Politics (FNMA)

[Cubshawk]

I think most understand the distinction but believe they have legal rights in the companies that shouldn't be cancelled purely because of insider dealing within the government.

Circumventing the rule of law/property rights because 'it's good for the taxpayers' is an excuse not a reason. And thus, I am hopeful in the end the shareholders are protected from this usurpation of their rights and at the same time other finance/reforms are accomplished. These things don't necessarily have to be either/or - they can happen together. The only reason certain people (Corker, et al) aren't bringing this idea into the equation is because their goal is to give the GSE business to the TBTF banks.

imtheshadow
tcj, fwiw, i totally agree. what is good for FnF and taxpayers could be very bad for common (and I am long 50k pre-cship shs). not sure why so many on this board don't seem to understand the distinction - or at least explain why it doesn't exist.