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Re: pimpinpennies post# 14355

Friday, 05/24/2013 12:08:04 PM

Friday, May 24, 2013 12:08:04 PM

Post# of 85500
FNMA commons being risky, quick summary
Hedge funds are buying preferred, US Treasury holds preferreds as bailout collateral. If, IF, the fed decides to butcher Fannie n Freddie, preferreds will be able to sell first, commons would be screwed, similar to the General Motors situation a few years ago

Ken may have the links I sent him in his archives, im mobile, tough to find it right now

Commons are very tradeable for sure in the short-mid term

IMO

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