Replies to post #690170 on Fannie Mae-No Politics (FNMA)

[955]

Me either! Far too much at stake beyond monetary. This is the result when treason goes unchecked.

[Mnemonic]

a Treasury Department plan for reforming the housing finance system discussed “eliminating all or a portion of the liquidation preference on Treasury’s senior preferred shares or exchanging all or a portion of that interest for common stock or other interests in [Fannie and Freddie].

Plaintiffs can't invent scenarios about what Trump would have done, they can only take Treasury at their word. Since Treasury outlined two options, this is what we have to go with. Also, it may be difficult to argue that Treasury would have eliminated the liquidation preference since they allowed it to keep accumulating even with Calabria in office.

[955]

Kind of tells us where the priorities of our attorneys are and they're not aligned with our best interests.

Prof Richard Epstein is a far far better fit, IMO. Atty Robert Barnes is another. Have no affiliation with either. Just based on what I've seen and read about them.

I guess the attorneys want to strike a deal; some deal is better than no deal.