$FMCC and $FNMA - another law suit
Investors Sue Gov't. Over Fannie, Freddie Stock Losses
The complaint filed in the D.C. District Court alleges that the U.S. Department of the Treasury and the Federal Housing Finance Agency improperly amended the preferred stock agreement governing shares in Fannie and Freddie so that any profits they generated went to the government through...
http://www.law360.com/banking/articles/457994...ock-losses