Replies to post #534375 on Fannie Mae-No Politics (FNMA)

[RickNagra]

That situation is different and unique. Those 14.9% institutions have in their signed contracts with their clients a clause which states "we the institution will at the discretion of the fund manager buy shares in a company in receivership or conservatorship if the fund manager sees fit. If you the client do not like this then do not join this fund."

How about the current institutional ownership of 14.9%?? They don't consider their clients money sacred? I still don't think the institutions are so religious about OPM (other people's money)

[stckpkr7000]

Most funds (mutual, hedge, etc.) have rules in writing, and most can not, and will not by ANYTHING listed on the OTC regardless of potential. Listen to those who have worked in the industry.