Fannie Mae Preferred S (FNMAS)

[Ace_of_Wands]

Let's say your analogy describes an accurate situation. Where it fails is in connecting the hypothetical case to the actual situation.

The gov't forced no one to sell in 2008. Certain organizations were forced to sell, by their own policy.

Certain parties, such as our dear taintedfud, were damaged by the gov't promotion of the pfds issued immediately prior to sept 2008, and if they feel like suing, fine by me. It's a separate case, and the wheels of justice can grind finely enough to determine the difference.