Replies to post #621824 on Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Have you studied Capital Structure 101?

Jr. Preferreds rank higher on the Totem Pole than FNMA Commons.

This is looking like Jr. Preferreds might get everything and Commons get zilch, nada, nothing!

At least we were warned about this possibility. Even Ackman was smart enough to Hedge his Common stake ;-)



#NoBuenoAmigos