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Re: mrfence post# 606186

Friday, 04/24/2020 9:09:44 PM

Friday, April 24, 2020 9:09:44 PM

Post# of 797020
I don't understand how they could even do/file for a direct claim in court? They get paid interest IF the companies are doing well, which by the governments play on words abandoned numbers says the GSE'S are struggling (yeah right), anyway, their interst payments got canned and it is in all the Gov pref circulars that they are non cumulative, SOOL (S___ out off luck). Their only other direct claim would be if bankruptcy, which some pref dreamers have been pushing, but ain't gonna happen.
I really think all these guys bought believing the Obama admin's insistence on winding them down and these guys were salivating a big pay day, while us commons were all going through bottles of Rolaids.

Now, the clown shoes are on the other feet.lmao