Thursday, January 9, 2014

Stocks DD Cites: Ralph Nader's Letter to Watt in Support of FNMA Private Shareholders


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https://docs.google.com/file/d/0B6ofth-ELqJpSkp6T2hYR1otbHc/edit

3 comments:

  1. Keep us posted, DD. I too have a feeling that this will be resolved in 2014. What is going on has nothing to do with conservatorship anymore. It's time that heavyweights like Mr Nader chime in. Michel

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  2. IN 2014 we will know at least the views of Mel Watt on the usurious Aug-2012 amendment and his views on rights of common shareholders. However, court challenge of Aug-2012 amendment is likely the final word esp if Mel Watt is on treasury side wrt to aug 2012 amendment

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  3. As I have always said, investment in FNMA is a very risky one. Everything boils down to what happens to Aug-2012 agreement. If it is upheld then shareholders lose big time. If not, they stand to gain significantly

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