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RDG013

11/28/08 12:07 PM

#2268 RE: Phisherman #2263

Phish, another point about the potential fake release that just came to mind. The conservator would be the entitiy stating that they would effect the R/S and there was no mention of the Conservator in the erroneuos "news"
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Snappo

11/28/08 12:11 PM

#2272 RE: Phisherman #2263

What worries me a bit is the diff in the language: "...that it may undertake a reverse stock split in order to cure the deficiency" vs. "(RTTNews) - Wednesday, Fannie Mae (FNM), in its filing with the U.S. Securities and Exchange Commission or SEC, said that it has informed the New York Stock Exchange or NYSE of its intention to undertake a reverse stock split in order to increase the share price and the average share price of its common stock for 30 consecutive trading days above $1.00 by no later than May 11, 2009. In case of further delay, NYSE will initiate suspension and de-listing procedures as per applicable rules."