Fannie Mae-No Politics (FNMA)

[big-yank]

The dude that wrote that article owns preferred shares, only.

And, surely, any stock can be made worthless via any number of mechanisms and events. But there is NO outcome where common shares finish in the money and preferred shareholders get nothing.

Any investment in any Fannie Mae stock carries a high level of risk. But pfd shares carry a much larger safety net than commons.

JMHO.