Replies to post #691972 on Fannie Mae-No Politics (FNMA)

[Guido2]

You summarized the first part. SCOTUS also said every citizen has the right to sue for takings. According to Propublica figures it would be close to $109 billion.

https://projects.propublica.org/bailout/list

Awkward truth: if GSE accountants had provisioned credit losses with uncanny accuracy (i.e. matching eventual cash losses) gov't "bailout" would have been close to zero.

— David Fiderer (@Ny1david) June 24, 2021

If the Treasury exercises the warrants, it will be another $400 billion in takings. We'll be shareholders in two corporations that will have a combined worth of close to a trillion $.