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Jeff Wood

Jeff WoodJeff Wood, a small business owner from Springdale, Arkansas, is a member and past president of the Northwest Arkansas Advertising Federation, and a board member of the Springdale Rotary Club.

Mr. Wood bought Fannie and Freddie stock in December 2004 and significantly increased his portfolio in 2008 on the recommendation of former Federal Reserve Chairman Ben Bernanke.

It was Mr. Bernanke and Hank Paulson who testified that Fannie and Freddie were adequately capitalized and that the GSEs offered a sure-and-sound investment for average Americans. Now, Mr. Wood’s retirement fund is threatened. He retains Fannie and Freddie in the hopes that the Federal government will abide by the rule of law and respect shareholder rights.