Fannie Mae Preferred S (FNMAS)

[feralcomprehension]

Agree- FnF could go to zero still and those who refuse to believe that are deluding themselves.

I'm not a sad boy, truly; it's just that from the beginning (2008) I've (we've!) said that ultimately the outcome will depend on politics and not on business logic. That is still true.

It's possible we'll score- everything we've said has come to pass with respect to improving fiscal help and the drive to kill them, but that drive is still in place for some in power, so....

I'm not adding, but neither am I reducing my holdings: hero or zero, still.