Preferred senior and junior stocks are going to be safe and should do quite well. As the stock leaves government control and goes back in the hands of investor's. Commons will be wiped out Fannie and Freddie will go into receivership and do a stock offering. Strange there's not a mad rush for the junior PS . Some say if the commons are wiped out the preferred juniors will be wiped out. They are so wrong. Preferred is Preferred be it senior or junior. Commons are commons. All preferred shares will have to be dealt with. GLTA !!