Replies to post #682171 on Fannie Mae-No Politics (FNMA)

[nats1]

Its undisputed the government NWS was a taking.

You just dont do that..its unprecedented

Agree with the first part but not with the second. That's why God or Gore or someone invented the US Court of Federal Claims.

Nats

[Wise Man]

THE NWS IS LEGAL. The only caveat is that it must be applied towards the reduction of the SPS (HERA's Restriction on Capital Distributions, exception B) and, later on, towards their recapitalization, 12 CFR 1237.12 (1).
The story of a Taking or Nationalization is a lie.
THEIR STATUS IS CONSERVATORSHIP