Government is afraid of nothing. Government knows this is an easy victory and just another waste of time. Take a look at PPS, even withe bollies clamping and Barami candels, shares are 2 fer a buck $$. Investors acknowledge $ another loss.
BINGO! Consent to conservatorship was done with Paulson's bazooka aimed at their heads. FHFA was never in possession of evidence supporting such action.
Even MORE IMPORTANT, the area between the two black redacted lines of text....." the companies boards intended for the conservatorships to protect private shareholders interests". Can government explain how they've fulfilled that obligation by robbing the complete net worth? Bankruptcy would have been more in line with protecting shareholders (we would have not done real bad)opposed to the governments false death spiral fabricated pretense to pretend a need for them to take the companies full networth. Just one huge lie being covered up with more lies. They knew the companies were TBTF/TINA, so they decided to full on nationalize theft of property without just compensation.
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