Replies to post #16089 on Fannie Mae Preferred S (FNMAS)

[44centsAKAchoccake]

Another comparison.

"California policymakers need to take away a number of hard-earned lessons from the crisis. The complexity of electricity markets cannot be underestimated, and seemingly inconsequential details of market design can have significant and unexpected consequences."

http://www.ppic.org/content/pubs/report/r_103cwr.pdf