Fannie Mae-No Politics (FNMA)

[Ace Trader]

SO GREEDY GOV GETS A DIVIDEND BUT LEGAL SHAREHOLDERS DON'T. Why has there not been a lawsuit to challenge this illegal taking ?

As announced by Federal Housing Finance Agency Director, James Lockhart, on September 7, 2008, all future common and preferred stock dividends would be eliminated, other than dividends on the senior preferred stock issued to the U.S. Department of the Treasury.

https://www.freddiemac.com/investors/preferred-stock