Replies to post #768795 on Fannie Mae-No Politics (FNMA)

[MannSinger]

Listen to reply of last question of judge in Collins appeal

Judge: What remedy do you want?
Plaintiff: Liquidation preference write down because Gov got 291B +10%+30B.

[trunkmonk]

LP is non issue. It’s old news. Ps telling Lies and bogus info not working.

[FOFreddie]

Hi No Name - it the DOJ or the Comptroller General which would have oversight for UST actions? If it was actions of individuals - then probably the FBI would get involved and you would be right because the FBI is part of the DOJ. In this case it has to do with a accounting decision by the UST itself and would fall under the oversight of the Comptroller General?

https://en.wikipedia.org/wiki/Comptroller_General_of_the_United_States

[DaJester]

Why not just let the $187B ride, and collect the 10% on that? Is the conversion even necessary? By the time they are released, GSEs may be able to send the first $19B to Treasury and slowly redeem the LP after Treasury's commitment is ended. Assuming the contracts aren't modified to allow for a paydown mechanism or adjustment sooner.

As HappyAlways points out, if the NWS clause is removed, the $187/191B isn't really an issue retroactively. The LP should already be paid. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172860937