Replies to post #483735 on Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Thank you for clarifying. Investment thesis for Preferreds remains the same -- Capital Structure 101, Investing alongside the Good Ol' Boys Club, Better positioning in the event of a recapitalization favoring Preferreds over Commons, Potential for Dividends to be reinstated, Possible Liquidation, etc.

Commons Investment Thesis -- The NWS Money is being kept in a Super Secret Escrow Account, the Canadian Frog has a letter from the SEC stating the Warrants are Illegal, and the Government will do the right thing in the end. LMAO! :-D

- Simple Jeff

[RCChristian]

"I believe he is pointing out the fact that if there is a recap and release, pfds get par and or converted to common. "

I understand but I think there are many recap plans that pfds may not get 100% par and or is not converted to common. Well best of luck to all both in good position soon.