Replies to post #704267 on Fannie Mae-No Politics (FNMA)

[kthomp19]

Agree 100%. This has been my thought too. The idea that the norm is a right to wage a late-dated, cherry-picking war — one condition at a time without need of worry of a SOL, just strikes me as wholly inconsistent with the most basic of contract law underpinnings.

Right.

I just wanted to point out that you're corresponding with someone whose putative fallback option were Treasury to exercise the warrants is the assertion of a post-conservatorship share buyer claiming he can amend his complaint (when such a claim ranges between quite dubious and just plain wrong). A laughable logical position that will wilt faster than lettuce in a hot oven.