Fannie Mae Preferred S (FNMAS)

[CatBirdSeat]

Do you really think Congress would hose two highly profitable companies, and flush down the toilet over $200B in tax payer's invested dollars. Don't think so...

Financials are a key component of the recovery, at least we know from here on out, the GSEs are going to be cash cows, and every quarter, we will see more, and more of the net tax payer investment chipped away.