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contrarian bull

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contrarian bull

Re: gta888 post# 569247

Thursday, 10/10/2019 12:09:56 AM

Thursday, October 10, 2019 12:09:56 AM

Post# of 792815
I've noticed that Fannie has been reporting a "NET WORTH" of approximately $3B lately. Is it generally accepted accounting principles to not count all preferred stock liquidation value against net worth? I always thought that it should not only count against shareholder value, but against net worth too. I'm still trying to figure this out...

I'm not an accountant, although I do know how to use QuickBooks.

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