Replies to post #3106 on Fannie Mae Preferred S (FNMAS)

[Ace_of_Wands]

Sounds like utility model to me.

He's arguing to reduce inefficiency inherent to the redundancy built into F&F. But they were made to compete.

Biggest issue I have with his basis for removing the competitive element (albeit resulting in utility-like model, is that he claims the quality of credit standards deteriorated due to said competition; the financial crisis committee basically shows that F&F had no where else to go, the vast majority of credit coming in being rather 'shoddy' leading up to the brink of the crisis

[Joe Stocks]

This piece screams at full volume, to me, the absolute need for a shareholders association to counter, argue the assertion that Freddie and Fannie need to go.

Woondedeagle, It really puzzles me why there is not some kind of organization of our shareholders that does have some kind of credibility to get some media time. That article said;

The public stigma attached to Fannie and Freddie in the wake of the mortgage crisis makes it extremely unlikely that they will be recapitalized in a form resembling either agency.

The public view, especially that of our treasury and congress, needs to be changed some how. Nobody is taking the case of the shareholders. Now folks, don't get me wrong, I am not pumping my website. Like you guys, I have much frustration that there is not shareholder group and I best work out my frustrations trying to do something about the problem. As I have said before, I would gladly turn over my site if someone came forth that had the ability and shareholder interest to move forward in a constructive way.