Fannie Mae-No Politics (FNMA)

[401kobessive]

Bubba, the pfd being retired at par, makes sense. They are going to retire at somepoint. As a shareholder u want to close those liabilities as quick as possible.
Pfd was all the trend when commons looked dead.
Now it looks like we are once again gonna run like a real company. Pfds don't look so hot. Safe but not hot.
It's like hitting on the ugly girl at the bar...u gonna get paid.