Replies to post #776552 on Fannie Mae-No Politics (FNMA)

[Lite]

Pls explain how. They (contract) should either be honored and paid face value or allowed to stay on as new symbols emerge.

[Donotunderstand]

tutt
yes - all JPS could be wiped out at time of "settlement" (I assume that means an arrangement to be free)

but --- I can not fathom a case where all JPS are wiped out and common survive