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Replies to post #396524 on Fannie Mae-No Politics (FNMA)

Replies to #396524 on Fannie Mae-No Politics (FNMA)

capitalismforever

03/15/17 12:59 PM

#396528 RE: NobodyFromNowhere #396524

No he doesn't. He owns 13%. Common shares have nothing to do with preferreds. He'd have to sell his shares for $0.05 in order for them to be $0.05 as a result of his selling.