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Fannie Mae FNMA
Posted On: 04/05/2013 8:25:29 PM
Post# of 1629
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Posted By: Pharaoh
Re: MicroCapStocksRock #114

FNMA CEO is Top Lawyer and Former BAC Counsel

http://www.nytimes.com/2012/06/06/business/fa....html?_r=0


I believe he will be able to protect the company as was suggested from the article below:


"Whatever policymakers ultimately decide, at least one other investor, Bronte Capital's John Hempton, believes the Fifth Amendment prohibition of the taking of private property for public use without just compensation is what will protect his investment in Fannie and Freddie preferred shares."


http://www.thestreet.com/story/11888674/1/oba..._ven=YAHOO














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