Saxton complaint filed in Iowa 5/28/2015

COUNT I
FHFA’s Conduct Exceeds Its Statutory Authority As Conservator

COUNT II
Treasury’s Conduct Exceeded Its Statutory Authority

COUNT III
Violation of the Administrative Procedure Act:
Treasury’s Conduct Was Arbitrary and Capricious

COUNT IV
Breach of Contract Against FHFA as Conservator of Fannie and Freddie

COUNT V
Breach of Implied Covenant of Good Faith and Fair Dealing Against FHFA as
Conservator of Fannie and Freddie

https://docs.google.com/viewer?a=v&pid=forums&srcid=MDUxNDQwNjExMTIwMzQzNjc3NDIBMTE0ODc0NzMwNzE0OTU4NTc5NjUBWnZXb1pxWm1CNjhKATAuMQEBdjI

Carney reveals document that claims: “The intent of Treasury is not to exercise the warrants that provide 79.9% ownership.

The purpose of the warrants was to drive the stock price down to next to nothing.”

Federal accounting standards advisory board — http://www.fasab.gov/pdffiles/oct08mins.pdf

http://timhoward717.com/2015/05/06/the-intent-of-treasury-is-not-to-exercise-the-warrants-that-provide-79-9-ownership-the-purpose-of-the-warrants-was-to-drive-the-stock-price-down-to-next-to-nothing-you-will-never-believe-who-unc/