IU just sent out the following email:
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November 25, 2014
Dear Investors:
As you may have seen by now, the details of FHFA Director Mel Watt’s trip to Miami have been released. He will be in Miami for an event on Friday, December 5, and you are welcome to be there! Similar events Mr. Watt has hosted in Atlanta and Chicago have proven to be an opportunity for our members to engage in constructive dialogue with Mr. Watt and advocate for his authority to end the conservatorship and release Fannie and Freddie.
As you know, as Director of FHFA, Mel Watt has the power to end the conservatorship, a step Investors Unite has strongly advocated for and an action that members of the Senate Banking Committee just last week requested Director Watt to follow.
If you are interested in attending the event in Miami, please email us at [email protected] for more details. It is through engagement like this that we can continue to advocate for shareholder rights.
What: Mel Watt in Miami
When: Friday, December 5
Sincerely,
Investors Unite
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This is a Friday, so I bet it could be easier for some people to get out of work that day.
I went to the event in Detroit and can answer questions on atmosphere and format. I can tell you that the meeting started after 10:00. The first hour or so was a canned format. The last bit was Q and A. During Q and A things got a little crazy with people screaming about principal reduction into the microphone.
As a representative of IU, you will be encouraged to engage in civil conversations with people from FHFA, Treasury, Fannie Mae, and Freddie Mac, which should all be in attendance.