Fannie Mae Preferred S (FNMAS)

[Lake of the Islands]

Disparity between price of common and preferred shares.


The issue is the disparity in price between the price of common and preferred shares. Could this disparity be the result of the insiders knowing of a impending government induced restructuring of F&F. A restructuring where the preferred shares are converted based on RV, where as the commons being heavily diluted based on impending government warrants thus holding a reduced value?

Or could it be just the adjusted value based on the warrants held by the government?

Another big issue is F&F profits used to shore up the Feds budget. Would the Feds be willing to give up free money?

I know this has been hashed out before, but has anything really changed?