Comments on: What’s the legal basis for the government to take over Fannie Mae and Freddie Mac? http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/ Discussion about legal reference issues Sun, 01 Aug 2010 02:04:44 +0000 http://wordpress.org/?v=2.7 hourly 1 By: anti-bias http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/comment-page-1/#comment-677 anti-bias Tue, 14 Apr 2009 00:48:32 +0000 http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/#comment-677 <a href=""></a> no legal basis, but there must be someone to look after the bastards' asses, or the US would be bankrupt.

no legal basis, but there must be someone to look after the bastards’ asses, or the US would be bankrupt.

]]> By: Nelson http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/comment-page-1/#comment-676 Nelson Sun, 12 Apr 2009 18:41:09 +0000 http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/#comment-676 <a href=""></a> Why help Fannie & freddie? CEO & presidents of those companies went laughing all the way to the bank. Put them in jail first & see what happens. & ***** all those greedy people facing foreclosures. Most of them are 2nd or more houses for them.

Why help Fannie & freddie? CEO & presidents of those companies went laughing all the way to the bank. Put them in jail first & see what happens. & ***** all those greedy people facing foreclosures. Most of them are 2nd or more houses for them.

]]> By: oakhill http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/comment-page-1/#comment-675 oakhill Sun, 12 Apr 2009 16:32:20 +0000 http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/#comment-675 <a href=""></a> " Placing the companies (Fannie and Freddie) in conservatorship, rather than receivership, could signal that the government does not intend to nationalize or liquidate Fannie Mae and Freddie Mac. Instead, under the terms of a federal law passed this summer, conservatorship is designed to allow the government to restructure the companies and return them to private control. Treasury officials have previously compared the process to Chapter 11 bankruptcy."

” Placing the companies (Fannie and Freddie) in conservatorship, rather than receivership, could signal that the government does not intend to nationalize or liquidate Fannie Mae and Freddie Mac. Instead, under the terms of a federal law passed this summer, conservatorship is designed to allow the government to restructure the companies and return them to private control. Treasury officials have previously compared the process to Chapter 11 bankruptcy.”

]]> By: Scott K http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/comment-page-1/#comment-674 Scott K Sat, 11 Apr 2009 05:51:52 +0000 http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/#comment-674 <a href=""></a> I don't think there's a legal basis. The government is trying to rescue the banking industry.

I don’t think there’s a legal basis. The government is trying to rescue the banking industry.

]]> By: Ann Marie J http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/comment-page-1/#comment-673 Ann Marie J Thu, 09 Apr 2009 19:12:15 +0000 http://www.lawlegalprofessionreference.com/other-business-finance/whats-the-legal-basis-for-the-government-to-take-over-fannie-mae-and-freddie-mac/#comment-673 <a href=""></a> Excellent question. Me and my bf were just talking about this and wondering the exact same things. Unfortunately I do not know the answer but I am going to keep watching this question and hopefully someone does know.

Excellent question. Me and my bf were just talking about this and wondering the exact same things. Unfortunately I do not know the answer but I am going to keep watching this question and hopefully someone does know.

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