Fannie Mae Preferred S (FNMAS)

[NobodyFromNowhere]

important people most people don't realize. when a depositer has over $250K at a bank, the bank automatically creates a new sub account so that everything is insured be FDIC/govt. A depositer w/ $2 million will have 8 accounts. So, 100% of deposits are insured.

Notice that there were no stories during the crisis of Grandma or Corporation XYZ losing their next egg when Indymac or Po Dunk Bank of Omaha failed.

Point is that fed govt stands behind banking system 100% and then some.