Replies to post #608058 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

I got a bit lost but yes

JPS as a fund raising method is "dull" --- this equity that looks like debt (no growth - just income) but dies in 11 many times is weird

I can believe that most company's raise capital with either equity or debentures

JPS likely has some tax advantages some places --- but the wiser buyers of JPS become - (the danger they assume and no growth) the higher the interest (dividend) premium over "debt interest" --which will price these weird equity instruments out of the market