Fannie Mae-No Politics (FNMA)

[tcj]

You're deranged and have obviously become married to your position. That is guaranteed failure. Mnuchin has the all clear to now to wipe out commons. Prfd will eventually get par. I could have liquidated either position common or prfd, but there is no question what to do unless you're being blinded by being stubborn and/or clinging to false hope. The odds that common will work out as a good decision are no where near high probability anymore.