Replies to post #634634 on Fannie Mae-No Politics (FNMA)

[bcde]

"As Plaintiffs’ brief notes (at 28-29), Treasury could have exercised the common-stock warrants it had pur-chased in 2008 in the initial transaction, obtaining 80% of the common equity of the Companies for a nom-inal price."

These are JPS plaintiffs. Moreover it is hypothetical rhetoric. If Gov were to exercise 80% warrants then FnF (majority shareholder gov companies) would have been subject to all Gov regulations and FHFA could not have robbed Gov companies.

Gov FHFA can only rob private companies and not the Gov itself.