Replies to post #16752 on Fannie Mae Preferred S (FNMAS)

[NobodyFromNowhere]

SHLD likely declaring bankruptcy with earnings this afternoon

Berkowitz and Fairholme will have to liquidate. Not sure who will buy their pfd stock, but it will be at a 50% hair cut, at a minimum.

He will also have to drop all lawsuits.

Don't be the last out the door.