Fannie Mae-No Politics (FNMA)

[Louie_Louie]

How do you force JPS (read hedge funds) into taking a haircut of around 50% or less of par? You have the companies buy up pref shares, and then put up a low ball par offering, once you have a good majority of those prefs shares, so you can skew the vote. Wa-La! Lots of debt off the books, pref shares disappear, and new prefs are offered (alot) at lower dividend. Just speculating like GB.

Government can do WHATEVER THEY WANT! Remember this, it will help you invest for the unpredictable.

There's ALWAYS more than one way to skin a cat! Don't be fooled by those who think they have the cat skinning market cornered. Lol