Fannie Mae-No Politics (FNMA)

[Donotunderstand]

ok

may or may not convert

commons have the potential to make a ton of money but also could be diluted and diluted

so you own PFD

I own both for same reasons - but I focus on the upside potential of common in many scenarios without conversion

so I am 50-50

note - I still do not buy that the new equity has as much power as you suggest