Replies to post #689596 on Fannie Mae-No Politics (FNMA)

[Guido2]

Glad you're back.

The legal setback was that only FHFA could bring lawsuits against itself while the corporations are in conservatorship. SCOTUS has removed this hurdle.

The last regulatory setback was when Crocker and Warner snuck in a clause restricting action on the twins for a couple of years. Crocker is gone. And Warner is silent.

Administrative action is the preferred route. As Howard mentioned, the simple solution is to reverse what Bush and Paulson did in 2008.

I'll repeat: I'll sue if the fraudulent warrants are exercised or sold to third parties.

[Donotunderstand]

yes

time to deal

and to deal - from weakness

but the amount owed - the starting point - should easily bring say

10 (up to 20) a share of common

50% (up to say 80%) of PAR

and then GOV should listen to those who say - REDUCE CAP requirement to maybe half the current - then use wts to fund social purposes for years and let profit collect the reserves for a company owned 20% by us and 80% by those who bought the exercise shares sold by Treasury

[Double Black Diamond]

Hi DCBill, plaintiffs attorneys, as do all others, wear two hats….one as a litigator and one as a negotiator. The litigation hand has been played hard and the cap is getting frayed, maybe time to try on the other chapeau.