Freddie and Fannie Shareholder Lawsuit - Podcast
Corporations, Securities & Antitrust and Financial Services & E-Commerce Practice Groups Podcast
| Sponsors: | Corporations, Securities & Antitrust Practice Group, Financial Services & E-Commerce Practice Group |
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Preferred and common shareholders of Freddie Mac and Fannie Mae have not recently received earnings distributions or dividends, and the prospects for the short-term future would seem to depend on a pending shareholder lawsuit. After bailing out the two entities with a $180 billion loan, the Federal government is, under a total net worth sweep, claiming all profits as its own. Chuck Cooper led a litigation update on this important case.
Featuring:
- Charles J. Cooper, Partner, Cooper & Kirk, PLLC
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