Fannie Mae-No Politics (FNMA)

[acedrr03]

The final hour will be painful. The common shares are in a death spiral. Its the classic battle between realization and disbelief. The common shares are worthless. It doesn't matter if FNMA makes 100B in profits each month, you'll never see a penny of it. It goes to Uncle Sam. And once FNMA gets down-sized, the profits will go to the preferred shares. Wake UP!

Of course, all IMHO.