Replies to post #724645 on Fannie Mae-No Politics (FNMA)

[Guido2]

Thanks again Hvp123. Great posts.

[Hvp123]

Kelly case is now alive, only case that claims cship was illegal.

D. Financial Crisis and Imposition of the Conservatorships ......................................14
1. HERA Allowed the FHFA to Impose a Conservatorship Only if
Specific Statutory Requirements Were Satisfied.......................................14
2. The Conservatorships Were Imposed in Violation of HERA by
Coercing the Boards’ Consent ...................................................................18
3. The Conservatorships Eliminated Shareholder Rights and Destroyed Shareholder Value......................................................................................23
4. Foreign Investment in the GSEs Pressured the Government to Impose Conservatorships Despite the Lack of Any Ground Under HERA ...........26
5. The Government Bypassed Lawful Options to Impose the Conservatorships ........................................................................................27
E. FBOP Subsidiaries and FBOP Failed Due to the Conservatorships’
Destruction of Shareholder Value..........................................................................28