Fannie Mae-No Politics (FNMA)

[Blushing green]

What would be easier to explain to a client, that you are a preferred shareholder and you have a contract that states what you should have been given and are to put an actual dollar figure on what its worth, or to try and explain a speculative investment in the commons where there is no true dollar figure that can be put on that investment. This way he's not promising more than he can deliver by over-estimating the commons.

It is a safer bet (with less upside), however it's a safer bet that can be easily communicated with clients.

Note: I hold both common and pref. shares.