Fannie Mae Preferred S (FNMAS)

[rosen62]

I have also been a common stock skeptic and have never owned any. But am thinking a Perry victory will solidify the common, the warrants may never be exercised and/or Watt may do something that will send a signal that common equity is here to stay. I agree that the warrants mishandling may create a new set of issues, including issues pertaining to changes to the capital structure.