Replies to post #452001 on Fannie Mae (FNMA)

[StockJunky]

"Slightly lower risk"? Did you see Mnunchkins smiling face in that pic?
I think the mkt is seeing a much higher possibility of FNMA NOT being liquidated....
(but then your a contrarian bull, so Im not sure what you really think)

Much More importantly, A much greater scenario has begun, with a bill that appears to be pro FNMA

"At the core of the Crapo bill is the assumption that the Dodd-Frank financial overhaul was overly aggressive and harmed smaller banks in attempting to rein in the larger financial institutions that caused the 2008 financial crisis."

Perhaps the stage has been set FOR THE TRUTH TO COME OUT....
and extreme liberal Sen. Elizabeth Warren (D-MA) in an email to supporters last week, per BuzzFeed, slammed her colleagues over the legislation. “Republicans AND Democrats are gutting the rules on Wall Street,” she declared.

We need some real noise here, and
THE TRUTH CAN ONLY HELP US!

[Donotunderstand]

Liquidation does not make preferred whole
Preferred are equity not debt and not assume up front to be part of any liquidation -only bonds

If all debt and employee obligations can be met in a liquidation - then the preferred holders are next

so ahead in line yes

going to get paid - show me the detail