Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Pref's capital structure argument WHILE IN CONSERVATORSHIP is moot, useless. What so called power or preference do JPS possess right now? The same that commons do, absolutely nothing. Commons have no voting rights currently or dividends and pref's have no place in the capital structure or dividends. The government has made sure that they and only them have upper hand ON ALL SHAREHOLDERS. So JPS rant until the moon turns blue about their place in things - it does not matter UNTIL RELEASED.