Fannie Mae-No Politics (FNMA)

[ajcntex1]

Thanks for that tidbit from Gorsuch. Confirms my decision to move on.

I previously took some risk with Healthsouth and American Airlines when they were in big trouble and bankrupt. Those ended up as pretty decent investments. I thought this one would be similar, but I realize now that in the other cases there was someone at the top working to get them in the clear and thru their troubles. In this case the powers that be are working against the commons and pref.

You cant fight city hall is an adage for a reason.