Fannie Mae-No Politics (FNMA)

[GAK-]

This is just more JPS fantasy. The BOD has NO fiduciary responsibility to Pfd shareholders. It's fiduciary responsibility is to the common shareholders. And, as long as the government is the primary shareholder (in FHFA) or the largest shareholder (under the 79% warrants), we can expect the decisions that are made to be made in the best interest of the Common Shareholder