Fannie Mae-No Politics (FNMA)

[kthomp19]

I have often wondered about something else: why were the commons not de-listed earlier? I see that, for 30 straight days starting December 1 2008, FNMA closed under $1. Shouldn't the NYSE have forcefully de-listed FNMA at that point? I don't recall seeing any press release or other communication by FHFA that indicated any attempt at a "cure" to bring the price back above $1.

It is odd that FHFA used the 30-day closing price argument in June of 2010, when it was first true 18 months prior.