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Wednesday, December 02, 2020 7:28:57 PM
I have decided to write an op-ed hopefully that the WSJ will run on the day of the oral argument. I have included the following words of your email without naming you. It is very powerful in that context. I hope that you agree.
“[I am] one of MANY [veterans] who have invested in the GSE twins (FNMA and FMCC) for dividends to be used as retirement. Prior to the US government's conservatorship, Fannie and Freddie were a well known "widows" stock which would pay a consistent dividend. Few of us would have believed, in 2006 or earlier, that our own government would take over FNMA and, instead of restoring the company to sound and safe condition, would confiscate our dividends for 12 years. Former President Obama "dismissed" our complaints by suggesting that FNMA was owned "by rich hedge funds" indicating that, like Robin Hood, its okay to steal from people as long as they are wealthy. I am "not" wealthy….. The dividends, which were instead paid to the US Treasury, would have paid off my home and provided financial security for my family.”
I will let you know if this runs.
(Law firm name witheld by my request)
Source: This is an email recieved today. I previously emailed this law firm, to see if an amicus curiae, from me, would be of benefit to shareholders. This was the attorney's response, along with my words.
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