Fannie Mae-No Politics (FNMA)

[bcde]

"I’m not a quick buck artist or trader. I also have a rule not to buy OTC common stock of companies in government conservatorship. Plenty of other ways to make money besides associating with common shareholder vermin lurking at the bottom of the capital structure. Eww. "

RuudG,
Thanks, You made a excellent point. You have spoken The Universal Truth.

If you as a private investor have so much hesitation in buying OTC common stock of companies in government conservatorship, then what about others?

Especially when it comes to investing 100s of billion in such companies that have zero net worth because their conservator robbed them of all their capital and still continues to rob them.

When under conservatorship, HERA 4617(f) authorizes conservator to not only to tie them up, rape and rob but also conservator can authorize others do the same, but nobody can do any thing about. Then how can Moelis plan is viable?