New Number for 9:15 a.m. Teleconference with Michael Krimminger and Mark Calabria to Present New Paper

New Paper Shows Conservatorship of Fannie Mae and Freddie Mac Has Breached the Law

WASHINGTON--()--Due to the high level of interest in tomorrow's call, we have changed dial-in number to accommodate more lines. To dial into tomorrow's 9:15 a.m. EST call, please use the following details:

Dial-in: 866-952-1907
Conference ID: HERA

On Thursday, January 29th at 9:15 a.m. EST, Mark A. Calabria of the Cato Institute and Michael Krimminger, Partner at Cleary Gottlieb, will release a new paper which explains how the U.S. Treasury Department and the Federal Housing Finance Agency (FHFA) have breached both the spirit and the letter of the law in their administration of the conservatorship of Fannie Mae and Freddie Mac.

The authors of this paper were intimately involved in the policy discussions that led to the creation of the 2008 Housing and Economic Recovery Act (HERA), which allowed for Fannie Mae and Freddie Mac to be placed into conservatorship. Mr. Calabria served as the senior professional staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs, and Mr. Krimminger served in policy leadership positions with the FDIC. While with the FDIC, Mr. Krimminger served in a number of roles including as FDIC general counsel and Deputy to the Chairman for Policy.

Investors Unite Executive Director Tim Pagliara will host the media teleconference and Calabria and Krimminger will present their new analysis and will be available for questions from the media.

To join the teleconference, please RSVP to media@investorsunite.org. Those who RSVP will receive an advance copy of the paper's executive summary ahead of the call.

   

WHO:

Tim Pagliara, Executive Director of Investors Unite and CapWealth Advisors Chairman and CEO

 

Mark A. Calabria, Director of Financial Regulation Studies at the Cato Institute and Former Senior Staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs

 

Michael Krimminger, Partner at Cleary Gottlieb and Former General Counsel for the Federal Deposit Insurance Corporation (FDIC)

 

WHEN:

Thursday, January 29; 9:15 AM EST

 
DIAL:

Toll Free: 866-952-1907

Conference ID: HERA
 

NOTE:

Please RSVP to media@investorsunite.org

 

About Investors Unite: Formed by Tennessee investor and CapWealth Advisors Chairman and CEO, Tim Pagliara, Investors Unite (investorsunite.org) is a coalition of over 1,400 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.

Contacts

Investors Unite
866-288-3537
info@investorsunite.org

Release Summary

New Dial-In Number for Teleconference with Michael Krimminger and Mark Calabria to Present New Paper showing Conservatorship of Fannie Mae and Freddie Mac Has Breached the Law

Contacts

Investors Unite
866-288-3537
info@investorsunite.org