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Re: Mikey Mike post# 282828

Thursday, 01/29/2015 10:08:37 PM

Thursday, January 29, 2015 10:08:37 PM

Post# of 793365
I was talking about fannies preferd shares and not prefered shares in general! As I might have wrote in a. Way that made it seem I was talking about what a prefered share was. As this is a Fannie Mae board I was talking about fannie maes prefered shares and the 10 different ones u can choose from, or look up the ones that no longer exist. Fannie needs more capital then any other company on earth, as that is there only bussiness his to provide liquid. They last sold 2billion dollars worths of prefered share series T with a 8% divi on either a par vaule of 25 or 50. I forget ! They sold these shares in 2008 a few months before the gov stepped in,