Replies to post #351473 on Fannie Mae-No Politics (FNMA)

[yambike]

agreed.

if govt is banking on getting away with theft, why stop at pref/common waterfall barrier? might as well go for the whole enchilada.

pref vs common idea is bunk. this is a all or none deal. either they get away with theft or they don't.

I find idea of him holding pref dubious. more likely, his MO has more to do with something like common can be shorted by the instituions whereas prefs are not.

[big-yank]

Nope. My odds on amount go down, but my speed of recovery goes up.

I have ZERO expectation of losing anything on my investment in Fannie Mae pfd. ZERO!

Meanwhile, huge and publicly vocal supporters like Glen Bradford slip into Seeking Alpha articles that they sold their common shares off. Now THAT should be disturbing to common stockholders coming from the arguably loudest voice in Fanniegate for years of effort campaigning for shareholder rights claimed as stripped by government. Scary, actually.

JMHO.