Replies to post #631243 on Fannie Mae-No Politics (FNMA)

[jog49]

....and who was it Hank Paulson once worked for on Wall Street?

[Brooge warrants cancelled]

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[camaro4me]

I did not know that this is how they convinced FnF execs to go into cship. good info

Given that the Companies were not in financial distress and were in no danger of defaulting on their debts, the Companies’ directors were confronted with a Hobson’s choice: agree to conservatorship, or they would face “nasty lawsuits” and Treasury would refuse to provide the Companies with any capital if they needed it.