Fannie Mae-No Politics (FNMA)

[tcj]

I'm just a guy invested in FNMA and FNMAS, who tries to do his homework.

Specifically, the suit alleges that PwC "assisted government regulators and officers of Freddie Mac to destroy the value of Freddie Mac stock" by "manipulating the books . . . to overstate losses and understate its assets by hundreds of billions of dollars." The suit alleges that these acts amounted to "negligent misrepresentations" and "aiding and abetting" of fiduciary breaches by Freddie's own directors and by the federal officials who took over from them in 2008.

How does settling above equate to "fighting for shareholders" other than yourself?

I'm an individual investor who reaches out to multiple media sources many times a week regarding the NWS and most importantly the extraordinary use of privilege related to the docs that we all want to see. That and $1 will buy a cup of coffee. There's not much more that I can do. If I joined a lawsuit like the one against PwC and then settled instead of fighting, could I say that I'm "specifically doing something"?