Fannie Mae-No Politics (FNMA)

[capitalismforever]

Then, how will the preferred shareholders collect payment from receivership once wiped out? I know the process will pay preferred shareholders to some extent. Issue you a check or sell the new entity shares to you?

I disagree with some folks here to expect the government to "refund" the NWS profit. It is highly unlikely. That is why I used to choose the common stock over the preferred stock.

Preferreds have preferential rights to equity distribution. The true equity of Fannie Mae after a 15% tax plan is $18b. They'll recieve at least that.

The government won't be returning any captured money. Shareholders that speak of this have very little experience with investing and I would predict this is the first investment they've ever purchased. It's a silly irrational argument; child-like mentality at best.