Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Another interesting point in that debtor piece Embellish posted is where it states about even if backer of the debtor can not pay....last I looked we were never allowed a proper avenue to go to the market and acquire any bail out debt via our elected board. The government forced and hoisted itself upon us because they knew they'd be well paid back, reimbursed hugely.

Maybe the first thing shareholders should do, when we get our vote back, is construct a company bylaw that prevents this type of government conservatorship action, offers a predetermined route, predetermined conservator appointment like a federal court judge picked by the company shareholders, for any future financial problem. Like a poison pill to keep the board from falling into the hands of government control again. I imagine with the many minds on here we could come up with a great shareholder proposal for our FIRST vote, when our rights are given back.