Replies to post #438753 on Fannie Mae-No Politics (FNMA)

[camaro4me]

The market agrees with the message CBS highlights and sent the pps higher.

“... recapitalize all losses made on the two lenders before sending them back to the private market.”

This simply means just give back all the stolen money.

[955]

That interpretation would certainly fall in line with the following RNC statement:

The RNC may be tipping its hand in its description of the lawsuits:

RESOLVED, The Republican National Committee recognizes the sanctity of property rights in America, and acknowledges the need to resolve the outstanding claims of Fannie Mae and Freddie Mac shareholders in a manner that honors and respects the rule of law governing the rights of corporate stockowners;
Ordinarily, “the rule of law governing the rights of corporate stockowners,” refers to state corporate law, not the Housing Economic Recovery Act of 2008

http://www.fidererongses.com/params/post/1298138/rnc-suggests-gse-recap--release-is-a-viable-option

“... recapitalize all losses made on the two lenders before sending them back to the private market.”

This simply means just give back all the stolen money.

EOM