#@$@#$ 169th Hard At Work Thread#$%$#%#
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From: Tain-uh-see
Originally Posted by TepEvan,Sep 8 2008, 08:59 AM
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From: Owings Mills, MD
Originally Posted by WhrDLMI,Sep 8 2008, 09:59 AM
I won't go that far but I did program my DVR to catch it. 
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From: Arlington, Virginia
Originally Posted by WhrDLMI,Sep 8 2008, 10:04 AM
So, if I am understanding this correctly, Conservatorship is basically a giant bitchslap to the directors of FM/FM, right?
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From: Leesburg, VA
Originally Posted by TepEvan,Sep 8 2008, 09:59 AM
Well, they announced the gov't is officially bailing out Fannie and Freddie, so you stocks might be bye-bye 
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From: Leesburg, VA
Originally Posted by bighead,Sep 8 2008, 10:05 AM
pretty much. It's business as usual for us peons
Hopefully, the stock won't tank *TOO* bad an y'all will be just fine in the long-run.
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From: Owings Mills, MD
Originally Posted by bighead,Sep 8 2008, 10:01 AM
nope, they aren't wiping out common stock... it's a conservatorship, new CEO and new non-executive board chairman and that's it... they'll be buying senior preferred stock each quarter as needed.
Glad you're not losing that money!