Fannie Mae (FNMA)

[ShortPutCall]

I addressed that somewhere in my long rant. That sharhilders major case in court is the fact that this deal of the profit sweep devalues the company, when the law states it must do everything necessary to maintain the value of the company, which this profit sweep deal strongly devalues it. Useing the term running it safe is a arbitrary case as anyone can argue handing over the profits for an unlimited acess to cash can be considered a safe move.