Replies to post #600938 on Fannie Mae-No Politics (FNMA)

[kthomp19]

The regulated entity IS the shareholders/owners. Can't have one without the other.

Wrong for two reasons:

1) It is possible for FHFA to take actions that both help the companies and hurt shareholders, such as a massively dilutive equity raise.
2) Judge Sweeney, along with two other judges, already ruled that FHFA has no fiduciary duty to shareholders. By your logic, that would mean that they don't have a fiduciary duty to the companies either, and in that case the NWS is legal.