Fannie Mae Preferred S (FNMAS)

[rosen62]

And I don't believe c-ship is the critical issue for our dividends.

The real issue is Treasury's funding commitment that is keeping the companies afloat as they don't have real capital and are being denied recapitalization. It is this funding commitment that needs to end. Right now this funding commitment takes the place of *their* capital. Declaring it "no more" will signal the possibility of recap.

1. Taxpayers need to be declared as paid off.
2. Funding commitment finished.
3. Reversing yearly wind down of networth.

All this can happen while in c-ship. And #2 will open the doors for the companies to rebuild their own capital.