Fannie Mae Preferred S (FNMAS)

[jwnoble3]

Ebano

I respect everyone's right to an opinion. I disagree fully with your 1 to 1 ratio of pref to common. Please show where this has ever been done in corporate history. I firmly believe this will not be the first.

Additionally, the dilution factor of the TSY holding warrants of 79.9% of commons leaves a HUGE guess on common value.

GLTY with commons (sincerely if you are OK prefs are as well)