Fannie Mae Preferred S (FNMAS)

[skibrian]

In a country of laws, Fannie and Freddie's private shareholders, whom the government allowed to keep 20%, would have sued. But they haven't sued. In a scene from Putin's Russia, big holders of Fannie and Freddie's junior securities have been visiting Capitol Hill and pleading for visions of "reform" that would restore value to their 20% stub.

http://online.wsj.com/article/SB10001424127887323646604578404432911487270.html?mod=wsj_streaming_stream&cb=logged0.4376599161368331