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DaJester

02/21/24 4:29 PM

#786605 RE: navycmdr #786601

"a private party’s debts owed to the government do not justify the Government’s taking for public use of more than what is due to it. As the Supreme Court explained, under the Fifth Amendment, “[t]he taxpayer must render unto Caesar what is Caesar’s, but no more.”

That's it in a nutshell. Whatever backstop Treasury provided has been paid, and does NOT necessitate the taking of the future profits for public benefit. Takings are allowed by statute but not without just compensation.
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ewtrader

02/21/24 7:13 PM

#786612 RE: navycmdr #786601

Cool info on Fannie Mae
Is Fannie Mae the largest?
In 2023, with over $4.3 trillion in assets, Fannie Mae is the largest company in the United States and the fourth largest company in the world, by assets.

https://en.m.wikipedia.org › wiki
Fannie Mae - Wikipedia

Is Fannie Mae a Fortune 50 company?
Last year, Fannie Mae catapulted from No. 81 on the Fortune 500 to No. 5, thanks to new accounting rules.

https://money.cnn.com › snapshots
Fannie Mae - Fortune 500 - FNMA
Bullish
Bullish