Fannie Mae-No Politics (FNMA)

[philipmax]

Hi MonesHind


I take it that you have dismal expectations from our legislators. ME TOO!

However....
When a company goes BANKRUPT there is a good chance that the investors lose their money because of risk taken.

F&F have proven that they are viable. Even under the restrictive rules that have been placed retroactively, they are extremely profitable. They therefore have a NET BOOK VALUE. As all investors know, net book value(EQUITY) is the remainder after all liabilities are paid. This belongs to the investors regardless of whatever method is used to measure owners' rights.

Other than under a socialist, communist, or dictatorial system,
EQUITY belongs to owners (shareholders). No way around this.

There is ample precedent to demonstrate this. Even entities that were legitimately confiscated by our Gov't (i.e. GAF, BAYER etc.) were returned to their rightful owners.