They put them IN Conservatorship with gut instinct and a pen, nothing more. They've made lots of changes since in order to improve safety. Why should the process be more complex?
The "Sovereign Fund", The "IPO" & the "FNMA-FMCC M& A DEAL" are all "Trojan Horse Ideas" that Wall St and obviously Fixers/Washington Operatives are Pushing to the Admin so that They Can Make a LOT MORE FREE Money "At-the-Trough"...Mpney that will come From the "Stupid' Tax-Payers OR Money that will be STOLEN from "Shareholders' of FNMA/FMCC....