Fannie Mae-No Politics (FNMA)

[whitecorona]

Thats true for Jr Pref, $20 for FNMAS is too much... in fact $10 now is way way too high too.. $4 or mid 3 shud be the price.
I believe this along with other pref will be cancelled and replace with new series and they will not see the par value until dividend back to normal - when IPO for 100B injection will have to value common higher than any Pref. Common will have voting right and drive the companies direction (its Public companies and Not Preferred companies ! )