Fannie Mae Preferred S (FNMAS)

[Joe Stocks]

I was just thinking. With the Treasury collecting all profits we will never have shareholder equity. If the current administration allowed us to keep all profits after paying out the gov't we would start to build shareholder equity and that would make it very difficult for them to take those accumulated profits away. No equity, no harm if they close us down.

I wonder if Geithner could be charged with misfeasance of public office for abuse of power? C-ship is designed to protect the assets of the corporation. By the conservator being required to turn over all profits from OUR company by the Secretary of the Treasury to give to the Federal government certainly seems like abuse of power to me.