Fannie Mae Preferred S (FNMAS)

[rosen62]

I think that true capitalism requires every few generations that a creative destruction takes place to clean up the landscape of excesses -removing what serves no purpose anymore- while paving the way for a renewed wave of progress, times larger than the one before. So more and new people can benefit and prosper.

But that is the long take... the short one is one full of injustices (bonuses) and pain (loss of homes). Or at least it feels that ruthless.

And I speak as one who was deeply hurt by the 2008 debacle.