Fannie Mae-No Politics (FNMA)

[big-yank]

I do not think the next verdict will be from the DC Court of Appeals. Perry, to me, looks to me like a water polo match where the ball somehow went over the fence and everybody is just relentlessly shuffling their feet and treading water while no game goes on.

Any favorable decision elsewhere will propel both pfd and common shares. I'd have to see the content of the decision to put your proposed strategy to the mental test when revealed.