Replies to post #826806 on Fannie Mae-No Politics (FNMA)

[DaJester]

Pay attention to what he actually said, not what he didn't say. The NWS "permanently alienat[ed] shareholders from the profits of the GSEs", and that directly supports my argument that claiming further actions beyond that (such as senior pref conversion) couldn't damage rights to those profits because the NWS already took them away in totality.

For the billionth time... Your cherry-picked Lamberth quote is NOT supporting what you said. He's saying there was permanent damage, which is true. But that is not the same thing as there can be no future damage. You want to ignore what he didn't say so you can bend it to your narrative. But you can just use simple logic. If the Conservatorship is temporary and the NWS is temporary, then it is possible for to have future economic rights. You dispute this?

Maybe I need to put this in my auto-sig until you can understand or at least acknowledge it?

You still don't understand the word "temporary?" If I remove your rights to drive your car by suspending your license, does that mean no further agreement or action could take anything more away? Of course it could. Perhaps I could throw you in jail for the rest of your life (permanent conservatorship), or give you the death penalty (receivership). Either of those would make permanent what is currently just temporary.

Just like you can get your license reinstated at some point, the shareholders are also merely suspended. The shares have not been taken away, killed off, nor has anyone said the Conservatorship will become permanent. The rights will be restored. If you don't believe that, then don't invest in common. Pretty simple.