Replies to post #811074 on Fannie Mae-No Politics (FNMA)

[kthomp19]

I hope you and all other shareholders understand that the issuing of these warrants to Treasury breaks at least 2 federal laws.

If the issuance of the warrants is so illegal, why has nobody filed a lawsuit over it in the intervening 16+ years?

Once these warrants are executed lawsuits should occur.

Nope. You're claiming that the issuance of the warrants was illegal, which means the case is ripe to be filed right now. Waiting until exercise is far worse because it will be just about impossible to undo the dilution at that point.

This is all my opinion and is just words until tested in court

Which is exactly why my first signature line is there.

Unlike a takings claim or Illegal exaction, a succesful APA lawsuit could force an unwinding of everything done.

There was already an APA claim brought over the NWS, in Collins, and it failed. That legal avenue is closed.

So far all I have heard back is Gov can do anything they want.

Not quite. FHFA is protected from injunctive relief for valid acts of a conservator by 4617(f). The Supreme Court's Collins opinion showed that what they consider valid (i.e. not ultra vires) is far more expansive than any of us thought, up to and including the cash NWS signed in 2012.

Yes they can and will until their actions are corrected.

Which can only happen via a lawsuit, which you have talked about filing for years but have yet to do so.

Stop waiting. File NOW to prevent the dilution if you're so confident in your theories.