Fannie Mae-No Politics (FNMA)

[jog49]

Shareholders have had NO representation for an awfully long time. Someone will probably say well, there's a board of directors. Yes there is and that sitting BODs was appointed by the government so there again, shareholders have had NO representation for an awfully long time. At this point in this fiasco, I feel sure that shareholders are of NO concern to the government in any aspect of running the GSEs or their futures. Shareholders are allowed to hold highly suppressed stocks and that's it as far as rights are concerned.