Fannie Mae (FNMA)

[chessmaster315]

Taxpayers can get the benefits of owning fannie..the same way we did...by also becoming shareholders.
As of Friday nite, they are 2.41 per share. The trouble is, you have to buy them from someone who wants to sell their shares, and not a lot want to sell now. So, that could easily mean the price is driven up. MY shares are priced at $40.00 per share, but you can probably buy them from someone else more desperate for less.

Its pretty much the same with everything..if you want the benefits of something, you purchase it from someone who owns them and is willing to sell.

Contrary to what some have suggested, there are currently no plans to "make" any more fannie shares. However, that could change without notice.
IF the demand for shares is high enough and IF our board (after the end of cship and common shareholders elect a new board) our board MAY decide to raise capital by issuing new shares of fannie mae, especially fannie mae preferreds, which is typically the way fannie raised capital in the past..by issuing new preferreds with a dividend at market rates.