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Re: kthomp19 post# 780760

Wednesday, 01/03/2024 3:51:58 PM

Wednesday, January 03, 2024 3:51:58 PM

Post# of 866108
Posted about the destruction of the common stock 7 years going on the 8th.

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kthomp19 12/05/16 1:57 PM
Post #367958 on Fannie Mae (FNMA)
It seems to me that Congress would have to go out of its way to punish preferred shareholders, and I don't see an incentive for them to do that. Diluting commons heavily is much easier, especially since the warrants already exist.

If the Democrats were in control I could see punishment being its own motivation.
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