Fannie Mae Preferred S (FNMAS)

[taintedfud]

I would love to get 100% of the company but I do not expect that and on the preferred side I suspect the GOV will put back some but not all of the dividend and try and buy back the preferreds at say 50-60% of face (a market like price for say a 3.5% preferred)

<how do they, or any other company do that?>

can you name one?