Fannie Mae-No Politics (FNMA)

[big-yank]

I clearly stated that the sweep provision was fair game for court consideration. I have also previously stated that I think shareholders of record at that time are due some consideration. However, people that invested in FNMA or FMCC shares after Amendment 3 was implemented had or should have had knowledge of its provisions and chose to assume the risk in making their investment. They are not entitled to anything. Risk is part of any investment and extreme risk must be assumed for any downlisted public enterprise operating under a conservatorship arrangement.