Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Excellent analysis. Let the Sweep continue, then Receivership. It's really no difference to Jr. Preferreds at this point. We know we're getting paid more than where our stocks are currently trading.

Commons, on the other hand, have no idea. The uncertainty has never been greater for them. They could've had Moelis, but they demanded $100 ($1,000?) per share and may soon be staring at the dreaded $FNMAQ and sub-$0.10 shares.

GLTA