Replies to post #195555 on Fannie Mae-No Politics (FNMA)

[Moonlazer]

Easily a couple years. But well before any bill could ever dream of dismantling FNMA/FDCC. In short, we're experiencing tactics to bolster cheap accumulation, until the entity with 79% retains 100% of the common stock. At which the preferred is the only payable body after any court case is resolved. That's my forethought on this.

[JJ8]

MPowerKai, I have no legal background but have been in court many times in my project management career of about 40 years (mostly for engineering and construction projects). I can't think of any party suing the Gov has much of a chance of making inroads in such an undertaking, imo.

However, the only part that is a bit puzzling to me is the 2012 Amendment that appears to be a contradiction to what is stated in the rules and responsibilities for the Conservator-ship. I don't know if that could open a window of opportunity. Imo, that could present hopefully a 'rewarding' situation' for recognition of the Constitutional clauses of property rights as defined by the Constitution. Albeit, a limited chance, at best. Unless, of course, the whole case is either thrown out of the courts as the Gov. intentions are regarded to be for the collective good of the nation as a whole given a dire emergency threat. Had this kind of thing been allowed, the Gov. would be bogged down by many suits by powerful interests in our nation. Isn't that one important reason why most powerful interest groups in any nation usually have the means to succeed in the democracies of the world? Isn't why for instance, our leaders and the Fed have an agreement to formalize the powerful banking cartel around the world? Food for thought. My 2c! GLTY

[rekcusdo]

I can see two possible time frames if this goes to the end.

The first one is if no Bill is ever passed in congress. if this happens then this case will eventually end up in Supreme Court. Trial court would likely take one to two years. Appellate court could add another year or two. Supreme Court would add another 2 to 3 years. So in this scenario you have between 5 to 10 years to completion. Of course if the trial court is a victory for shareholders the value of the shares will go up significantly and most people will sell anyway. In which case you need to wait only 1 to 2 years.

The second time line involves if a bill does pass through Congress. If this happens then the prosecution will likely amend their complaint to include an injunction to the bill. This would likely speed up the case as there would be a large government interest. In this case you could see it in Supreme Court within 2 to 3 years after the bill is passed.

[fitzwell11]

Supreme Court - 4-5 years. That option is unlikely though. My guess would be a settlement by the end of next year