Replies to post #610525 on Fannie Mae-No Politics (FNMA)

[FFFacts]

How? Enbanc ruled the Net Worth Swindle illegal! $300 billion less 10% dividend/interest would have been returned to the corporations.

False. Plaintiffs are only seeking a proposed remedy of about $30 billion.

How did the letter agreement alter the way Judge Sweeney ruled to allow the derivative claims to proceed to trial?

It didn't. That is the point. The letter agreement was structured so that it would not interfere in any of court cases being mooted.


Hint:
The key word is "in perpetuity."

[Louie_Louie]

Definitely +1