Replies to post #4591 on Fannie Mae Preferred S (FNMAS)

[skibrian]

has anyone read the US Charter?

you know...a lot of answers of shareholder rights might actually be in there! it would say, with the amendments from the 2008 act that established FHFA, what exactly can be done, and what our rights are, and what is left to the purview of Congress and who trumps who. any legal case would start with that document.

i think someone should take a crack at finding and reading the US corporate charter for Freddie and/or Fannie. i don't have time today...maybe in a few days some time might free up between family and work.