Fannie Mae-No Politics (FNMA)

[The Man With No Name]

You lost a long time ago. Equity holders, i.e. common and preferred shareholders ARE NOT CREDITORS

There are 2 types of committees in bankruptcies. One, the creditor's committee which is mandatory by statute and created by the US Trustee (not the judge as you said). And two, an official equity committee which includes all preferred shareholders as well as common shareholders (not mandatory; by discretion only).

Class dismissed.