Hedge Funds Can't Sue Over Fannie, Freddie Investments

The video discusses a legal case involving the 2012 government decision to redirect all profits from Fannie Mae and Freddie Mac to the Treasury, impacting private shareholders. The 2014 court decision dismissed most shareholder claims, but some contract claims remain. Shareholders may pursue further legal actions, including appealing to the Supreme Court. The case highlights financial and moral issues, as taxpayers have recouped more than the bailout amount, yet the return on investment is debated.

How much taxpayer money was recaptured through the net worth sweep of Fannie and Freddie?

What moral issues are raised regarding the shareholders and the government in this case?