From Yahoo Board. Bringt es auf den Punkt
this excerpt from nader heard on friday june 28
the important thing is that the government allowed Citigroup shareholders to survive, they allowed AIG shareholders to survive when they bailed them out in huge amounts in a whole variety of ways in 2008 and 2009 but they are indicating they may expropriate fannie and freddie shareholders and the bad thing about this is the government is using the common shareholder of fannie and freddie up to 20% in order so that the government not take on the liablilties of fannie and freddie so they are using the shareholders on the one hand and abusing them on the other hand and keeping them in a limbo and nothing i have heard today and nothing i have heard over the past year or two in the executive branch by officials indicate any concern that they save citigroup and aig shareholders to participate in the recovery which they are - but they totally ignore and indicate they are going to vanquish and expropriate the common shareholders and who knows what is going to happen to the preferred shareholders - so this is what i would like to ask - you're talking about eminent domain mortgages - how about expropriating these people - now there are daytraders and all that but there are still people and institutional shareholders who are hanging on and performing and important function inadvertantly with the 20 percent - |