Replies to post #351368 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

and to balance it out - re REP congress and DEM Administration

we have now seen slide shows suggesting a purposeful take over without compensation was considered

[big-yank]

Nope. Not so. Preferred shares bounce back along with common shares with any favorable ruling in Perry or elsewhere.

[schusch]

yes I meant liquidation or actually the worst case possible, like what is the % of zero return, seems pretty damn high if most prefs dont even have 20% of their par value.
Anyway, I ask because first of all I got my FNMA commons via inheritance, meaning I personally would not have bought them(but that doesnt nec. make it a bad investment, just saying its not my "style")
And I also know that my father got fucked a few years ago with General Motors aswell, Im pretty sure he got nada or very close to it and then they come out again and now its nearls 32$ so yey...
I am a bit sceptical to put it mildly altho I personally also would believe that shareholders are absolutely in the right, especially if the argument holds no water that they would have gone bankrupt and had to be saved->shareholders should be busto.
Furthermore how could they really sell more stocks after that, then they should have halted any trading until a conclussion was made, at least in my opinion.