Replies to post #445573 on Fannie Mae (FNMA)

[bcde]

"Illegal by definition?

More specific, definition of what? Does this great information mean FNMA will hit $500 PPS "

Clark,

To get the clear definition, you need to read NY state "Martin Act"

Martin Act. The Martin Act, New York General Business Law article 23-A, sections 352–353, is a 1921 piece of legislation in New York that gives extraordinary powers and discretion to an attorney general fighting financial fraud. The act's powers exceed those given any regulator in any other U.S. state.

Probably Hank, Tim, Ben, Ed, Mel, BO, CW, Fellow Travelers should be made answerable under this act.

Banksters and their Lobbyists should also be included in this.

Another law that gives definition is RICO.