This provides the best analysis regarding the illegality of the GSE Conservatorship that I have been able to find. Only thing missing from this document are footnotes and exhibits. It really spells out the facts that the GSE's didn't need a bailout, didn't need to be in Conservatorship, were forced under duress into Conservatorship, who was responsible and who benefited.
I'm in full agreement that the warrants must never be exercised. If anyone participating in Mr. Ackman's upcoming presentation is so inclined, please present questions regarding the legality of the warrants in particular, considering they were unnecessary and extracted under duress. This Washington Federal complaint should provide some basis for framing questions for Mr. Ackman. I'm not on " X " or Instagram or any such like otherwise I would participate myself - posting on this website is the extent of my involvement in social media. DON'T LET THE BASTARDS WIN.