Replies to post #610651 on Fannie Mae-No Politics (FNMA)

[955]

Direct claims essentially dead.

Not in Lamberth's Court! The dark horse in this fiasco.

[bcde]

"Direct claims essentially dead. Company will likely get compensation via derivative claims = common appreciation."

Yes, Most probably Judges will not award any damages to shareholders like in AIG.

But trials will expose Gov over reach and abuse of power. Many key officials from previous administrations will be called to testify and may face legal troubles.

Out of embarrassment Gov may be forced to end lawless conservatorship.

Hank created HERA/FHFA as an independent agency mainly for subversive mission of winding down FnF. But with change in administration, FHFA could not succeed in its subversive mission. So HERA/FHFA are no longer required and may be abolished.