Replies to post #760730 on Fannie Mae-No Politics (FNMA)

[Rodney5]

I’ve never understood why the Plaintiffs are asking for 1.6B + interest,… Makes no sense! Someone please explain??

Lost Value It’s simple, with the NWS, the US government took away 100% of the companies value.

Grand Theft Treasury
By: Richard A. Epstein

Quote: "To call that money a “dividend” relies on a profound public misunderstanding of the complex transactions that generated this ill-begotten Treasury bonanza." End of Quote.

Quote: "It takes no special acumen to realize that the 2012 transaction was completely one-sided; FHFA and Treasury used a fancy set of legal maneuvers to strip both corporations of their assets for the sole benefit of the government. Generally, senior preferred shareholders are entitled to recover their principal and interest in full, after which their shares are cancelled. In this case, the government did precisely the opposite. It treated Fannie and Freddie as gifts that keep on giving, wiping out all shareholder profits." End of Quote

Link: https://www.hoover.org/research/grand-theft-treasury#:~:text=Grand%20Theft%20Treasury%20The%20U.S.%20government%20has%20unconstitutionally,full%20of%20good%20news%20for%20the%20body%20politic.

The Shareholders have lost both companies to the Treasury. ALL THE CASH THAT CAN BE TAKEN OUT OF THE BUSINESS DURING ITS REMAINING LIFE.

[stvupdate]

1.6B is the amount lamberth forced plaintiffs legal team to accept.
Prior to previous trial start, plaintiffs asked jurors to determine reward amount out of three options.