Fannie Mae (FNMA)

[Doc.007]

Eyes Opener - Its Not Only About Dividends !!

The US Gov or FHFA made the Stocks just to be "Empty Shells" which Only at OTC still can been traded for better impressions only and therefore the still traded means nothing really !
( We All got perfectly screwed, but since Prefs As Debts more vulnerable at Such Insolvency Not Sufficient Capital Companies ( BK under Chapter 11 Protection Looming ), than Commons which are essential to Any Public Companies Not In Liquidation to Exist, the Commons therefore More Safe. )

At SEC Filing as of September 6, 2008, as following :
https://www.sec.gov/Archives/edgar/data/310522/000095013308003096/w67133e8vk.htm

Item 1.03 Bankruptcy or Receivership.
By reference to Item 3.03 and the section captioned "Conservatorship" under Item 8.01 below.
( We All know, by Insolvency of Not Sufficient Capital the BK Preconditions Preserved. )

Item 3.03 Material Modification to Rights of Security Holders.
The rights of our common and preferred stocks have been materially limited by the entry of Fannie Mae into conservatorship on September 6, 2008.

Impact of Conservatorship
The conservatorship does not eliminate Fannie Mae outstanding common stock or preferred stock; however, in accordance with the Federal Housing Finance Regulatory Act ( the "Regulatory Reform Act" ), FHFA, as Conservator and by operation of law, immediately succeeded to all rights, titles, powers and privileges of Fannie Mae's stockholders with respect to Fannie Mae and its assets.
( Means the Prospectuses as Contracts for Stockholders are Worthless ( No Rights For Par-Values or Dividends or Conversions or Etc. ) and therefore its not possible or not useful to refer to !
By definition its effectively A Cancellation of Stockholders-Contracts.
How To Get Stockholders Rights Back Again; This can only be made By Legally Reinstating The Contracts by referring to 2008 SEC Filing or by New Contracts with possibly Different Conditions ! )


Judge Sweeney respected this above and therefore until today does not allow Plaintiffs Damages, but like to grant $ 124 Billion to F+F based on US Gov-Mob Like Actions !!

Who can guarantee, If F+F Get Released without Sufficient Capital, that They days after Not "File For BK under Chapter 11 Protection" to eliminate Old-Debts as Prefs Buys, Etc. after September 5, 2008 ?
Because that's what Insolvency or Not Sufficient Capital Companies Usually Successfully Do, to get The Health and Investors Attraction back again !

I'm not here to make Friends or For Entertainments. I'm here for The Realities and by this well succeeding as seen.