Im guessing you mean Tim Pagliara, Attorney and Chairman of Investor's Unite, THAT Tim P?
However, without a doubt the momentum is for the commons at the expense of the preferreds.
Attorney Tim Pagliara is one of the many attorney/FNMA investors who they predict the common shareholders will be vindicated, and were wronged by the government.
Tim has invested a lot of his own money in advocating for FNMA in Washington.
Unfortunately, there is a bad taste in the mouth of congress about fnma, and there are good reasons for that, from things done wrong by FNMA in the Barney Frank Era.
In fact, Fannie mae shareholders were a scapegoat for congress anger against Barney Frank and his lover who was a fannie mae exec.
However, all those people are gone. One of the congress people angered by FNMA lobbysists was none other than senator Barack Obama.
What happened was there were so many fnma lobbysists they overwhelmed the senate offices and did not allow other lobbyists access to the senators office because fnma lobbyists were so numerours they blocked the doors with people.
I got this from an aid to a no longer congress man.
Barack took revenge, and got his Obama care funded in one fell swoop...all at fnma shareholders expense.
The trouble is the people he took revenge on are long gone and so are fannie mae lobbysists. He made innocent shareholders pay, who had nothing to do with this.
He got the public backing by associating fnma shareholders with rich hedge funds, a marketing ploy that worked because democrats hate rich people such as hedge fund owners.
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