Replies to post #732655 on Fannie Mae-No Politics (FNMA)

[Hvp123]

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

From Kelly’s case, hope he wins…..discovery also from 2008 was allowed by Sweeney for Wash Fed plaintiffs