Ralph Nader, Tim Pagliara and Dozens of Vanquished Fannie Mae & Freddie Mac Shareholders Join Forces on Capitol Hill to Demand Fair Treatment
- April 7, 2014
Newly formed Investors Unite coalition to stage action April 9, bringing abused GSE investors from 20 states to meet with lawmakers
Consumer advocate Ralph Nader, CapWealth Advisor CEO, Tim Pagliara and dozens of vanquished Fannie Mae and Freddie Mac shareholders from 20 states will announce plans for a Capital Hill action to demand enactment of GSE reform that guarantees shareholder rights on Wednesday, April 9; 9:45 a.m. to 12 noon; National Press Club, 529 14th St. NW, 13th Floor, Washington, D.C.
Banding together under Pagliara’s newly formed Investors Unite coalition,shareholders will travel to Washington from across the U.S. to meet with lawmakers to discuss the devastating impact of the U.S. Government’s conservatorship of GSEs and the U.S. Treasury’s “net-worth sweep” of dividends, that has left shareholders vanquished – a scenario which would be codified by the Johnson-Crapo proposal.
For more information, [email protected].
Dozens of Fannie Mae & Freddie Mac Supporters
Wednesday, April 9, 2014
9:45 a.m. – 12 noon EDT
The National Press Club, Murrow Room
529 14th St. NW, 13th Floor
Reporters RSVP to [email protected]
About Investors Unite
Formed by Tennessee activist investor and CapWealth Advisors Chairman and CEO, Tim Pagliara, Investors Unite (www.investorsunite.org) is a coalition of private investors from all walks of life, committed to the preservation of shareholder rights for all invested in Fannie Mae and Freddie Mac. The coalition works to educate shareholders and lawmakers on the importance of adopting GSE reform that fully respects the legal rights of Fannie Mae and Freddie Mac shareholders and offers full restitution on investments.
About Shareholder Respect
Formed by famed consumer advocate, Ralph Nader, Shareholder Respect (www.shareholderrespect .org) highlights the mistreatment of shareholders. It is a project of the Center for Study of Responsive Law, a nonprofit organization that supports and conducts a wide variety of research and educational projects to encourage the political, economic and social institutions of this country to be more aware of the needs of the citizen-consumer.