Replies to post #768443 on Fannie Mae-No Politics (FNMA)

[kthomp19]

You are already well aware about the differences.

Saying that there are differences is very different from saying that there are no similarities. And it's the similarities (including but not limited to the list in this post) that you should be worried about.

That last link is completely inapposite for three reasons:

1) The ruling was that the Fed couldn't take an equity stake, not Treasury (whose authority to do so was granted by HERA).
2) The ruling was overturned on appeal so it got completely vacated. It has no precedential power at all.
3) The damages were for $0 anyway.

[Wise Man]

The Pagliara's boy, Guido, had to compare FnF with AIG.
FnF are congressionally chartered private corporations, where the purchases of UST must uphold the Charter Act. The entire Charter Act with a small spread over Treasury yields and a Fee Limitation of United States, not just the amendment inserted by HERA, suitable for a Separate Account plan (infinite rate on obligations and a Warrant to subdue the shareholders with a stock price decimated)
Like in your boss' book (formal document), you are always crying out lound: "We've been robbed!", to tumble the stock prices thinking that it will hinder the announcement of the Separate Account plan.
Your boss, that even set up an Association of Shareholders to later advocate the Warrant, the 10% dividend to UST and a swap P to Cs, owes us big money in Punitive damages, under the Checklist scrutiny rule.
You don't like rules, do you.