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Joe Stocks

05/02/23 5:46 PM

#754211 RE: bradford86 #754151

Hi Glen, Back not long after FnF entered conservatorship I set up a message board for Fannie and Freddie Shareholders, plus a Facebook page. The idea was to get shareholders united on a common front. I was severely attacked (by several that still post here) that I was lawyer (I am not) trying to make money off the shareholders although there was no revenue stream apparent in anything I did. And other nonsense like I we would upset FnF and they would never relaese us from c-ship. I had hoped that someone would pick up on the idea.
I suggested that us shareholders have our own annual shareholders meeting every year in Washington. Organized like a regular shareholders meeting that FnF should be conducting. Organized we could issue our own press releases. I think that would have brought major media attention showing FnF shareholders as more mom and pop and how FnF profits have been stolen from them. And, and annual in Washington's face that we are still out here.
It is an idea that I think would still work and have impact. I wish the idea would have taken hold back then when I had more energy and time.
The Facebook page is still up, although I quit monitoring it years ago.
https://www.facebook.com/fanandfred/