Replies to post #640209 on Fannie Mae-No Politics (FNMA)

[Stockman1010101]

yep. it's going back to a $1, after Biden announces the GSEs saying they will be liquidated. Then they will take the proceeds and give it to the social programs.

[Commons_Cancelled]

Isn't there a letter from the SEC stating Jr. Preferreds aren't allowed to continue to outperform Commons?

As if the 5-year performance wasn't enough of an indicator, we can now look at the 1-month performance and see Commons continue to be Junk :-(