Recent Updates from the Investors Unite Blog
Investors Unite is Joined by Attorney Richard Epstein to Discuss A Tale of Two Bailouts: AIG v. Fannie & Freddie
Monday, December 8th, 2014
MEDIA ADVISORY
Investors Unite is Joined by Attorney Richard Epstein to Discuss
A Tale of Two Bailouts: AIG v. Fannie & Freddie
As AIG litigation nears conclusion, what are parallels and differences
to legal challenges by GSE shareholders?
WASHINGTON – Investors Unite Executive Director Tim Pagliara will host a teleconference for members and media, Wednesday, December 10, at 11 am EDT to examine the current litigation surrounding the AIG and Fannie/Freddie bailouts.
Special guest, Dr. Richard Epstein, Professor of Law at the New York University School of Law, will discuss his recent article, “A Tale of Two Bailouts: AIG, Fannie and Freddie and Beyond.” With a decision in the AIG lawsuit expected as early as this month, Dr. Epstein will examine current GSE shareholder litigation in light of argumentation introduced in the AIG legal proceedings. What does the AIG process reveal about government’s potential legal vulnerability in the GSE shareholder litigation?
WHO: Tim Pagliara is Executive Director of Investors Unite, a shareholder invested in Fannie Mae and Freddie Mac, and Chairman and CEO of CapWealth Advisors.
Richard A. Epstein is a legal scholar and is the Laurence A. Tisch Professor of Law, at New York University School of Law. Epstein is also a Senior Fellow at the Hoover Institution and a Senior Lecturer at the University of Chicago. Of note, Epstein advises several institutional investors with an interest in Fannie Mae and Freddie Mac.
WHEN: Wednesday, December 10, 2014; 11:00 AM EDT
DIAL: Toll Free: 877-888-4312
Conference ID: IU
NOTE: Please RSVP to [email protected]
About Investors Unite: Formed by Tennessee investor and CapWealth Advisors Chairman and CEO, Tim Pagliara, Investors Unite (www.investorsunite.org) is a coalition of over 1,200 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.
Read more Investors Unite blogs here
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Real Reform for Fannie & Freddie
Current legislation needs to be amended in order for all investors – pensioners, community banks and individuals – to be repaid and create a solid platform for the mortgage market to thrive.
- Repayment of Pensioners, Community Banks and Individuals invested in Fannie and Freddie.
- Stricter lending standards and oversight of Fannie and Freddie.
- Affordable housing goals reinstated and upheld under stricter oversight.
Click here for more information
Investors Unite works to educate Fannie Mae and Freddie Mac shareholders and lawmakers of the importance of reforming the GSEs in a way that will reimburse shareholders what they are contractually and legally owed, but have not been paid.
Issue Background
The United States Congress is considering Government Sponsored Enterprise (GSE) reform that would wipe out Fannie Mae and Freddie Mac shareholders for good. These shareholders include everyday Americans such as public service retirees, teachers, firefighters and police officers. These individuals and pension funds invested in the GSEs before, during, and after the conservatorship and should be made whole under any reform. Taxpayers have been repaid with interest for their 2008 bailout of the GSEs.
Our country’s respect for the rule of law demands that private property rights be protected and Investors Unite gives Fannie Mae and Freddie Mac shareholders a voice in that fight.
