Replies to post #585018 on Fannie Mae-No Politics (FNMA)

[Doc.007]

Happy New Year To You Too !

You mentioned :
"Wouldn't your scenario have to be implemented by FHFA in a Receivership under HERA ?
If that was the case would common of JPS have liquidation preference ? "

Here it comes to things of IMO at my reply :
- Receivership Is Impossible after so many Years Conservatorship and all Gov Publication related to The Release of F+F !
- About HERA is only in force as long as under FHFA Conservatorship, but my scenario Is After Release and F+F therefore not anymore to FHFA or its HERA related, Just Free as Any Normal Companies and any Jurisdiction will not be a problem.
- I assume that F+F get Release under and with the same Effectively Cancelled Shareholders Contracts and therefore will also Not Any Liquidation Preferences Exist and all will remain as under F+F Responsibility same as MC already mentioned to Issue Shares is under F+F Responsibility because the FHFA cannot do this.
- About after Release any Filing for BK under Chapter 11 Protection. If F+F get released under the Gov Capital Standard of for example $ 140 Bn, but when Released have for example only $ 60 Bn, then F+F has the rights to File for BK by the Insufficient Capital because the 2008 Gov Intervention was Like A Natural Out of Control Disaster where the Gov did Stealing All Profits and therefore F+F has to ask the BK Courts for help it desperately need. Etc. F+F presently would have All Proves For This.