Fannie Mae-No Politics (FNMA)

[Stockman1010101]

Conservatorsip, receivership whats the difference Fannie or Freddie shareholder cannot vote on company polices. The shareholder cannot vote to elect board members. Their Boards are totally dysfunctional now and have no control of the companies, and everything Fannie and Freddie management does is to respond to Government orders/instructions. Case and point, they are turning over 100% of profits each quarter to the Treasury. One does not have to be a genius to figure this out. In reality the shareholder is holding a stock that looks like an option that says, when conservatorship ends these shares will become real shares and will give you the deed to the company back so you can decide on company business and get rewarded with dividends. The government right now is holding Fannie and Freddie hostage even after the government had received back 125% payment of the original bail out loan.